contest forex 2021

One common story is of traders who started small. They might have had a meager amount of capital, like $500. They spent hours studying charts, learning about different currency pairs. For example, a trader I know focused on the EUR/USD pair. He faced losses initially but learned from each trade. He gradually increased his trading skills and now makes a decent living trading full - time.

There are stories of Forex traders who overcame huge losses. Say, a trader who lost a significant portion of their investment due to a sudden market shift. Instead of giving up, they went back to the drawing board, re - evaluated their trading strategies, and started trading again more cautiously. They learned from their mistakes, like not having proper stop - loss orders in place before, and eventually recovered their losses and made a profit.

The recommended introductory books on foreign exchange speculation are as follows: 1. Introduction to Foreign Exchange Speculation ( ·Bogel) This was a very classic introductory book on foreign exchange speculation. It introduced the basic knowledge of foreign exchange investment, trading strategies, and risk control methods. The book also included some practical cases and experiences that were very suitable for beginners to learn and refer to. 2. The Foreign Exchange Market (by Stanham) Forex Market is a book on the forex market that covers all aspects of the forex market, including market history, trading strategies, technical indicators, and risk management. This book is very practical and can help readers better understand the foreign exchange market and develop a trading strategy that suits them. 3."The Real Fight of Foreign Exchange Speculation"( ·Schule) "The Real Fight of Foreign Exchange Speculation" was a book that introduced foreign exchange speculation strategies. It showed how to use different trading strategies to speculate in foreign exchange through practical cases. The book also includes some risk management and mentality adjustment methods to help readers better master the techniques and strategies of foreign exchange speculation. The above are some of the recommended books on foreign exchange speculation. You can choose the books that suit your interests and needs to learn.

One forex success story is about George Soros. He is well - known for his currency speculation. In 1992, he bet against the British pound, which was pegged to the Deutsche Mark at an unsustainable level. Soros saw the flaws in the system and his Quantum Fund sold a large amount of pounds short. His move forced the British government to devalue the pound and abandon the peg. Soros made a billion - dollar profit from this trade. It showed his deep understanding of macroeconomics and currency markets.

Knowledge competitions that often appeared in online novels generally referred to a kind of intellectual competition between the experts in the novel. In this kind of competition, participants had to answer a variety of complicated questions and score through voting or discussion. This kind of competition often appeared in novels as a way for characters to interact.

Definitely. A common trait is having a well - defined trading plan. In a forex trading success story, the trader would have set clear goals, entry and exit points. They also have strong self - control. They can resist the urge to overtrade, which is a common pitfall for many. Additionally, they often have good market knowledge. They understand how different factors influence currency values.

One key element is knowledge. Traders need to understand how the forex market works, including factors like currency pairs, exchange rates, and market trends. Another is discipline. For example, not over - trading or chasing losses. Risk management is also crucial. This means not risking too much of your capital on a single trade.

One common element is lack of research. Traders often jump into trades without fully understanding the fundamentals of the currencies they are trading. For example, not considering economic indicators, political stability, etc. Another is over - leveraging. Using too much leverage can magnify losses. Also, following others blindly, like trusting so - called 'gurus' without verifying their strategies. Greed is also a factor, as seen when traders increase their positions too much hoping for more profit.

I'm a reader of novels, and I can't provide any information about the poetry contest. I can only provide information about poetry in general. If you need information about the poetry contest, I suggest you look for relevant websites or books.

Honorable judges, today's topic is the literary history knowledge competition. In the history of literature, there were many famous works and their works had a profound influence on modern literature. I'll make do with these works and. First, let's talk about the representative works of modern Chinese literature. Lu Xun's works Diary of a Madman, The True Story of Ah Q, and Medicine are classics of modern Chinese literature. These works deeply revealed the dark side of society at that time, reflecting the pain and anger of the Chinese people. The representative works of modern Chinese literature included Lao She's Camel Xiangzi, Ba Jin's Home, and Ding Ling's Sun Shines on the Sanggan River. Next, let's talk about the representative works of ancient Chinese literature. Ancient Chinese literature had a long history and many classic literary works. For example," Dream of the Red Chamber,"" Water Margins,"" Journey to the West," and other novels were classics of ancient Chinese literature. These works reflected the style of ancient society and the lives of the people through vivid descriptions. The representative works of ancient Chinese literature include Tang poetry and Song poetry such as Li Bai's "Wine Will Enter," Su Shi's "Shuidiao Getou," Li Qingzhao's "Dream Order," etc. Finally, let's talk about the representative works of foreign literature. The representative works of foreign literature included Hamlet by shakespeare, A Tale of Two Cities by Dickens, and les Miserables by maupassant. These works had a strong ideology and artistic quality, which had a far-reaching impact on the literature of later generations. These are my answers to the literary history knowledge competition. Thank you, judges, for listening.