I can remove accounts from my watchlist once they go private It's a useful tool to manually remove them from my watchlist as I make a mental note when it's done very frequently the vendor has something to hide weather it be reducing the appearance of intraday drawdown or blown accounts. To remove an account from your watched list you need to: 1. Scroll down to the 'Accounts' window 3. Click the ' Watched' tab 4. Click the 'x' near the account you wish to remove Thank you Myfxbook support Team.
That's good. RedRhinoFX posted: To remove an account from your watched list you need to: 1. Click the 'x' near the account you wish to remove Thank you Myfxbook support Team Thank you! Click the 'x' near the account you wish to remove Thank you Myfxbook support Team Thank you so much!!!! Click the 'x' near the account you wish to remove Thank you Myfxbook support Team perfect, thanks much Open in a full screen. It doesnt have the x to remove Open in a full screen.
Click your username at the top right corner then click settings then account and then the x at the side of the account u wish to delete Open in a full screen. Please login to comment. All Rights Reserved. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment.
Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice. Past performance is not indicative of future results. All Quotes x.
Dear User, We noticed that you're using an ad blocker. Myfxbook is a free website and is supported by ads. In order to allow us to keep developing Myfxbook, please whitelist the site in your ad blocker settings. Essentially, you're exchanging one currency for another. If you think the euro is going to depreciate, you'd sell that currency and buy U. After the euro falls, you buy it back at the lower rate, and the difference between the selling price and the buying price is your profit.
He thinks that most currencies will continue to struggle against the U. It's up 4. Europe's economy is still in a recovery mode, and Popplewell thinks consumption could remain low for some time. Typically, when an economy is doing well—as America's is today, at least compared to other developing nations—the dollar does well, too. Buy the currency of a country that has a higher interest rate than America's. Australia used to be a good place to store cash, said Boyle, because you could make about 4 percent annually just by holding the country's dollar in a bank account or buy owning government bonds.
Many people held money in Brazilian real, too. In its interest rate was close to 14 percent. While this can be a good strategy, it's also a risky one. Brazil's interest rate took a nosedive in , falling to about 9 percent. It's been up and down since. Read More Emerging-market currency 'contagion' spreads.
Only people who can stomach risk should take this approach. Plus, a lot of countries have lowered their rates since the recession in order to spur growth, and that's made the differential between U. Australia's benchmark interest rate, for instance, has fallen from about 4. Still, there are places where rates are higher. China's interest rate is at 6 percent, Russia's is at 7 percent, and Turkey is at 10 percent.
If you believe that a country's rate can be sustained at its current level, then you could make a handsome profit without much effort, said Boyle. Just like you would buy undervalued stocks, so, too, can you buy undervalued currencies, said Jalinoos. The first place to start is by looking at a country's current account deficit—the different between what a country imports versus exports. If the deficit is large, it could be that the currency has become uncompetitive, which would then suggest that it may be overvalued and will fall, said Jalinoos.
He also looks at inflation differentials. If one country has a high inflation relative to another, the country with the higher rate will lose its competitiveness over time. That tends to put downward pressure on the currency.
Certain market dynamics could also have an affect on currency valuations. Australia's currency appreciated because of its strong commodity markets, yet its trade picture was poor, said Jalinoos. Many people think that the U. However, there are some currencies that look attractive.
The South Korean won, Mexican peso and Indian rupee could all appreciate in value over the next several months, said Jalinoos. Mexico is undergoing structural changes that could give the peso a "one-off boost," while India, which "never looks good in terms of its currency account position," he said, could see its currency rise after its election for prime minister in May. It's expected that Narendra Modi, a more market-friendly candidate, is going to win.
Whether you're an average investor who wants to mitigate currency risk or a more sophisticated one who wants to take advantage of currency fluctuations, the forex world isn't for the faint of heart. It can be hard to understand, but it's also something that can't be ignored.
They respond in the chat immediately for quick questions. If you wish to deactivate your account, you have to give them a reason why. Yes, now is the time to get creative! If you log in within 14 days, your profile will be reactivated again. If you choose that option, you will not be able to reactivate your account and all your content will be lost.
They give you an option to download a copy of all the information you stored there. That is a good idea if you have been using your account for a long time. After you select the delete permanently option, you need to wait for 14 days for the deletion process to start.
And up to 90 more days for the process to be complete. Now, YouTube and Gmail are linked together. That means YouTube or Gmail. Here you make your choice - YouTube or Gmail. There is a trash bin icon on the right side. Now that you know how to get rid of your social media accounts for good, do you feel the fresh breeze of freedom all around you? A great way to continue our journey is to contact your phone company.
Ask them to remove you from any online list you might be on. Try to remember the names of all the forums you have posted on in over the years. If you want your posts to be deleted permanently, you have 2 choices. First, do it manually - visit the forum, go through every post you have ever made, and delete it.
This can be extremely time-consuming! The second option is to contact the webmaster of every forum and ask them nicely to remove your posts. They can do it with way less effort than you can. Also make sure you remove your information from background check and people search sites like TruthFinder , Intelius , Instant Checkmate , and so on.
Removing your personal information from Google might be a challenge. Since humanity is spending so much time online now, there is a huge chance that there is a lot of personal info stored out there about all of us.
According to the list of Just Delete Me, Amazon and Netflix are among the most difficult, if not impossible, to remove yourself from. If you want to see your Amazon account deleted, arm yourself with patience - the process will take some time.
Follow me:. When it comes to quitting the on-demand services of Netflix, users have 2 options: cancel the membership or delete the account. You have now canceled your membership. However, your profile will still exist and you can renew the membership any time you want. We are sure you had a reason to need that change in your life. Living off the grid is a life-changing decision. It is also possible to use a paid service and let other people do all the work for you.
Darina is a proud Ravenclaw and a fan of Stephen King. She enjoys being a part of an awesome team of tech writers who are having a ball writing techie articles. She also loves board games and a pint of lager. United Kingdom.
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Learn more. Advertiser Disclosure. How do you get rid of unwanted presence? And then, there is the internet. That vast insatiable land of stalking. And is that possible? Short answer: not quite. But you can protect yourself. You can, you know! You can take off the internet every ounce of proof you ever existed. No idea how to delete your personal info from the internet?
At the end of our journey, you will have the answer! Brain freeze! Heart palpitations! Happens to everyone at some point! No need to destroy the planet, though! You just need your privacy back! If you want to erase your online tracks, we are here to help! Not entirely true! So, be on the lookout. There comes a point in life when you just say: Stop! I want out! To top it off, then there are the data brokers.
What are data brokers? They can be used for political reasons, advertising… or just good old-fashioned fraud. Where Does the Journey Start? Our first stop is: Deseat. After that, you can just delete yourself manually from the web. Another website that will shed some light on the question: how to erase yourself from the internet is: Just Delete Me Brace yourselves! The fun thing is the list is color-coded.
Some of the information does seem hilarious: Green websites are easy to delete yourself from Airbnb, Slack, Twitter. Yellow is medium difficulty Facebook, LinkedIn. Red is hard Amazon, iTunes, Skype. How much is internet privacy worth? Here we go: There are services, which offer protection for a period of time. But we shall go on and visit new lands: Abine The product in question is called Delete Me. That is a great solution if you wish not to be alone on your journey toward internet security.
Delete me from the internet, please! Social media is a pain in the butt, I know. Removing your accounts from your favorite places takes courage! Not an easy task, though! They included companies building search tools to look up individuals, firms handling location data, and those specializing in your health data.
These companies collect everything from your name, address, and date of birth to your social security number, buying habits, and where you went to school and for how long. The US-based nonprofit Privacy Rights Clearinghouse has created a database of data brokers that contains their email addresses, links to their privacy policies, and info about whether they let you opt out. There are US companies on the list, which gives you an idea of how big the data brokerage industry is.
Privacy-focused group YourDigitalRights has created opt-out forms for 10 of the biggest data brokers to speed up the process of getting your information deleted. Google will update its search results for pages that no longer exist or are significantly different to the versions it has indexed previously.
Google will also consider requests to remove harmful content. If there are non-consensual explicit images; fake pornography; financial, medical, or national ID data; doxing; or images of children on websites then you can ask for them to be removed. This allows certain specific information to be removed from search results, including Google , when relevant criteria are met. Generally, if information about you is in the public interest then it will be very difficult to get it removed from search results.
But if you really want to minimize your online presence then you need to track down those old Myspace and Tumblr accounts and remove all traces of them. As a handy starting point, Justdelete. Alternatively, you can search your inbox for old subscriptions and online accounts. Entering your email or phone number into the data-breach-notification service Have I Been Pwned? You should also search for your name online and combine it with some other pieces of personal data—for instance your email address or where you live—to see what comes up.
There are some dedicated services that will attempt to look for and delete your old accounts by scanning your emails. Publicly posted data—either photos or text—is obviously far more likely to be found by others. Almost all major social media platforms have backup options in their settings. Both Tweet Deleter and TweetDelete will get rid of your old tweets.
Keep in mind that by allowing any third-party service access to your online accounts, they may be able to access information stored within them, such as your direct messages.
Futures trade on exchanges and not OTC. Unlike the spot market, the forwards and futures markets do not trade actual currencies. Instead, they deal in contracts that represent claims to a certain currency type, a specific price per unit, and a future date for settlement.
In the forwards market, contracts are bought and sold OTC between two parties, who determine the terms of the agreement between themselves. In the futures market, futures contracts are bought and sold based upon a standard size and settlement date on public commodities markets, such as the Chicago Mercantile Exchange CME. Futures contracts have specific details, including the number of units being traded, delivery and settlement dates, and minimum price increments that cannot be customized.
The exchange acts as a counterparty to the trader, providing clearance and settlement services. Both types of contracts are binding and are typically settled for cash at the exchange in question upon expiry, although contracts can also be bought and sold before they expire. The currency forwards and futures markets can offer protection against risk when trading currencies.
Usually, big international corporations use these markets to hedge against future exchange rate fluctuations, but speculators take part in these markets as well. Companies doing business in foreign countries are at risk due to fluctuations in currency values when they buy or sell goods and services outside of their domestic market. Foreign exchange markets provide a way to hedge currency risk by fixing a rate at which the transaction will be completed.
To accomplish this, a trader can buy or sell currencies in the forward or swap markets in advance, which locks in an exchange rate. For example, imagine that a company plans to sell U. Unfortunately, the U. A stronger dollar resulted in a much smaller profit than expected. The blender company could have reduced this risk by short selling the euro and buying the U. That way, if the U. If the U. Hedging of this kind can be done in the currency futures market.
The advantage for the trader is that futures contracts are standardized and cleared by a central authority. However, currency futures may be less liquid than the forwards markets, which are decentralized and exist within the interbank system throughout the world. Factors like interest rates , trade flows, tourism, economic strength, and geopolitical risk affect supply and demand for currencies, creating daily volatility in the forex markets.
A forecast that one currency will weaken is essentially the same as assuming that the other currency in the pair will strengthen because currencies are traded as pairs. The trader believes higher U. Trading currencies can be risky and complex. The interbank market has varying degrees of regulation, and forex instruments are not standardized. In some parts of the world, forex trading is almost completely unregulated. The interbank market is made up of banks trading with each other around the world.
The banks themselves have to determine and accept sovereign risk and credit risk , and they have established internal processes to keep themselves as safe as possible. Regulations like this are industry-imposed for the protection of each participating bank.
Since the market is made by each of the participating banks providing offers and bids for a particular currency, the market-pricing mechanism is based on supply and demand. Because there are such large trade flows within the system, it is difficult for rogue traders to influence the price of a currency. This system helps create transparency in the market for investors with access to interbank dealing.
Depending on where the dealer exists, there may be some government and industry regulation, but those safeguards are inconsistent around the globe. Most retail investors should spend time investigating a forex dealer to find out whether it is regulated in the United States or the United Kingdom U. It is also a good idea to find out what kind of account protections are available in case of a market crisis, or if a dealer becomes insolvent.
Trading forex is similar to equity trading. Here are some steps to get yourself started on the forex trading journey. Learn about forex: While it is not complicated, forex trading is a project of its own and requires specialized knowledge. For example, the leverage ratio for forex trades is higher than for equities, and the drivers for currency price movement are different from those for equity markets.
There are several online courses available for beginners that teach the ins and outs of forex trading. Set up a brokerage account: You will need a forex trading account at a brokerage to get started with forex trading. Forex brokers do not charge commissions. Instead, they make money through spreads also known as pips between the buying and selling prices. For beginner traders, it is a good idea to set up a micro forex trading account with low capital requirements.
Such accounts have variable trading limits and allow brokers to limit their trades to amounts as low as 1, units of a currency. For context, a standard account lot is equal to , currency units. A micro forex account will help you become more comfortable with forex trading and determine your trading style. Develop a trading strategy: While it is not always possible to predict and time market movement, having a trading strategy will help you set broad guidelines and a road map for trading.
A good trading strategy is based on the reality of your situation and finances. It takes into account the amount of cash that you are willing to put up for trading and, correspondingly, the amount of risk that you can tolerate without getting burned out of your position. Remember, forex trading is mostly a high-leverage environment. But it also offers more rewards to those who are willing to take the risk. Always be on top of your numbers: Once you begin trading, always check your positions at the end of the day.
Most trading software already provides a daily accounting of trades. Make sure that you do not have any pending positions to be filled out and that you have sufficient cash in your account to make future trades. Cultivate emotional equilibrium: Beginner forex trading is fraught with emotional roller coasters and unanswered questions.
Should you have held onto your position a bit longer for more profits? How did you miss that report about low gross domestic product GDP numbers that led to a decline in overall value for your portfolio? Obsessing over such unanswered questions can lead you down a path of confusion. That is why it is important to not get carried away by your trading positions and cultivate emotional equilibrium across profits and losses. Be disciplined about closing out your positions when necessary. The best way to get started on the forex journey is to learn its language.
Here are a few terms to get you started:. Remember that the trading limit for each lot includes margin money used for leverage. This means that the broker can provide you with capital in a predetermined ratio. The most basic forms of forex trades are a long trade and a short trade. In a long trade, the trader is betting that the currency price will increase in the future and they can profit from it.
Traders can also use trading strategies based on technical analysis, such as breakout and moving average , to fine-tune their approach to trading. Depending on the duration and numbers for trading, trading strategies can be categorized into four further types:. Three types of charts are used in forex trading. They are:. Line charts are used to identify big-picture trends for a currency.
They are the most basic and common type of chart used by forex traders. They display the closing trading price for the currency for the time periods specified by the user. The trend lines identified in a line chart can be used to devise trading strategies. For example, you can use the information contained in a trend line to identify breakouts or a change in trend for rising or declining prices. While it can be useful, a line chart is generally used as a starting point for further trading analysis.
Much like other instances in which they are used, bar charts are used to represent specific time periods for trading. They provide more price information than line charts. Each bar chart represents one day of trading and contains the opening price, highest price, lowest price, and closing price OHLC for a trade.
Colors are sometimes used to indicate price movement, with green or white used for periods of rising prices and red or black for a period during which prices declined. Candlestick charts were first used by Japanese rice traders in the 18th century. They are visually more appealing and easier to read than the chart types described above. The upper portion of a candle is used for the opening price and highest price point used by a currency, and the lower portion of a candle is used to indicate the closing price and lowest price point.
A down candle represents a period of declining prices and is shaded red or black, while an up candle is a period of increasing prices and is shaded green or white. The formations and shapes in candlestick charts are used to identify market direction and movement. Some of the more common formations for candlestick charts are hanging man and shooting star. Forex markets are the largest in terms of daily trading volume in the world and therefore offer the most liquidity.
This makes it easy to enter and exit a position in any of the major currencies within a fraction of a second for a small spread in most market conditions. The forex market is traded 24 hours a day, five and a half days a week—starting each day in Australia and ending in New York. The broad time horizon and coverage offer traders several opportunities to make profits or cover losses. The extensive use of leverage in forex trading means that you can start with little capital and multiply your profits.
Forex trading generally follows the same rules as regular trading and requires much less initial capital; therefore, it is easier to start trading forex compared to stocks. The forex market is more decentralized than traditional stock or bond markets.
There is no centralized exchange that dominates currency trade operations, and the potential for manipulation—through insider information about a company or stock—is lower. Even though they are the most liquid markets in the world, forex trades are much more volatile than regular markets.
Banks, brokers, and dealers in the forex markets allow a high amount of leverage, which means that traders can control large positions with relatively little money of their own. Leverage in the range of is not uncommon in forex. A trader must understand the use of leverage and the risks that leverage introduces in an account. Trading currencies productively requires an understanding of economic fundamentals and indicators. A currency trader needs to have a big-picture understanding of the economies of the various countries and their interconnectedness to grasp the fundamentals that drive currency values.
The decentralized nature of forex markets means that it is less accountable to regulation than other financial markets. The extent and nature of regulation in forex markets depend on the jurisdiction of trading. Forex markets lack instruments that provide regular income, such as regular dividend payments, that might make them attractive to investors who are not interested in exponential returns.
Forex, short for foreign exchange, refers to the trading of one currency for another. It is also known as FX. Forex is traded primarily via three venues: spot markets, forwards markets, and futures markets. Companies and traders use forex for two main reasons: speculation and hedging. The former is used by traders to make money off the rise and fall of currency prices, while the latter is used to lock in prices for manufacturing and sales in overseas markets.
Forex markets are among the most liquid markets in the world. Hence, they tend to be less volatile than other markets, such as real estate. The volatility of a particular currency is a function of multiple factors, such as the politics and economics of its country. Therefore, events like economic instability in the form of a payment default or imbalance in trading relationships with another currency can result in significant volatility.
Forex trade regulation depends on the jurisdiction. Countries like the United States have sophisticated infrastructure and markets to conduct forex trades. However, due to the heavy use of leverage in forex trades, developing countries like India and China have restrictions on the firms and capital to be used in forex trading. Europe is the largest market for forex trades. Currencies with high liquidity have a ready market and therefore exhibit smooth and predictable price action in response to external events.
The U. It features in six of the seven currency pairs with the most liquidit y in the markets. Currencies with low liquidity, however, cannot be traded in large lot sizes without significant market movement being associated with the price.
A few days ago my friend called me on the phone. He was very enthusiastic about a new Forex training package, just delivered to him. I decided to check it by myself, too. The package is very detailed. All the missing information about the big picture is there. More than 20 hours of free videos are revealing all you need to know about that business. Zooming towards Forex trading is very smooth and on the level every beginner and advanced trader will tremendously benefit of.
Finally we got something valuable about Forex trading, very professionally developed, for free. Probably, that will put the Big Sharks business on hold for awhile, for the good sake to all of us. So, be careful and keep an eye on the Internet unlimited free resources if you want to self yourself from the Forex scam.
Happy Forex trading! In the forex market, when it comes to the matter of small scale traders, what we are observing that they are simply falling in the scam of many fraud brokers due to many reasons. QUOTE Karen Smith May 24 , PM In the forex market, when it comes to the matter of small scale traders, what we are observing that they are simply falling in the scam of many fraud brokers due to many reasons.
The truth is despite these big sharks, there are people who actually offer genuine training materials. I learnt a lot for free from freshforex online. I believe this is the best way. The first and probably the more important thing you need to do in such case is to check for complaints about not being able to withdraw money.
The best case scenario is to contact the complainant and ask about the experience. Next, remember to read the fine print. In many cases, up front incentives might be charged against the trader. This is extremely important because you will lose money. Of course it might not be a bad idea to search for reviews of the broker. Also pay attention to the details of every single complaint, search for any pending legal action against the broker as well.
It is always better to start with a small amount of capital and use it for a month or two. After this try to withdraw the funds! If everything goes well, then you can be more than sure that the broker is reliable so you can start trading with bigger sums. The financial crises showed people around the world that no matter how popular or big a firm is, it is never completely safe because there is always a risk involved with trading.
The simplest formula is not to trust, and try to ensure that we go for quality brokers. I have suffered with broker like Instaforex, Forexmart and such others. Featured Sites:. Sponsor Ads:. Follow Us:. No Advertisements or Referral Links should be used here. May 2 , PM. Post 1. May 24 , PM. Post 2. May 25 , AM. Post 3. Jun 5 , PM. Post 4. Sep 6 , PM. Post 5. Related Topics. Chat away! May 2 , PM Post 1.
Karen Smith. May 24 , PM Post 2. May 25 , AM Post 3. Jun 5 , PM Post 4.
In order to avoid losing money in foreign exchange, do your homework and look for a reputable broker. Use a practice account before you go live and be sure to. 1. Hedge your bets. With the U.S. dollar rising, many experts suggest that average investors remove as much of their currency risk as they can. Learn how to withdraw money, profits from a forex trading account. From A Forex Trading Account. You haven't given enough information about yourself.