Foreign Exchange (Forex)
The foreign exchange market – also known as FOREX or the FX market – is the worlds’ most traded market, with turnover of $5.1 trillion per day. 1000’s of courses, materials, classes, Expert Advisors, Indicators and many more have been written to try and learn how to tame the beast (Forex Market).
Trading forex involves the buying of one currency and simultaneous selling of another. In forex, traders attempt to profit by buying and selling currencies by actively speculating on the direction currencies are likely to take in the future.
There are three different ways to trade on the forex market: spot, forward, and future.
- Spot forex market: the physical exchange of a currency pair, which takes place at the exact point the trade is settled – ie ‘on the spot’ – or within a short period of time. Derivatives based on the spot forex market are offered over-the-counter by dealers like IG.
- Forward forex market: a contract is agreeing to buy or sell a set amount of a currency at a specified price, and to be settled at a set date in the future or within a range of future dates
- Futures forex market: an exchange-traded contract to buy or sell a set amount of a given currency at a set price and date in the future.
Through our years of trading the forex market we have been able to make an understanding the way the market moves. MagnetixFX has over 70k pips last year and well over 200k pips this year. Yes those numbers are right. Here is just some of the myfxbook.com pictures of the account for last year and this year. We are hear to help those who are willing to be helped and learn the process of our trading automation but also to teach with 1000’s of hours of courses to help with any trading style. With the subscription that is provided here at Market Warlords Crypto Catcher will provide strategies and access to various softwares to make each and everyone of us a better and more profitable trader.
Expert Advisors
(EA's, Automation, Robots) & Metatrader4 Indicators
Expert Advisors (EAs) are programs that run on the MetaTrader 4 (MT4) platform, used to monitor and trade financial markets using algorithms. They find opportunities according to the parameters you set, then either notify you or open a position automatically.
Our expert advisors are based on time tested wining strategies. Each one of our expert advisors are tested through a 3 year back testing software for all pairs, and all timeframes. Then they are tested vigorously on (demo)nstration accounts through all conditions of the markets.
Forex indicators are used by traders on a regular basis to increase the chance of making a profit. Along with other forms of data and analysis, indicators can influence trading decisions and maybe be used as the basis for many trading strategies around the world.
Our indicators are based off years of trading the markets whether they be stocks, cryptos, futures, indices, metals and forex. Each one we provide is something that we believe if utilized right can help you to become that profitable trader.
RISKS ASSOCIATED WITH TRADING & INVESTING
Trading foreign currencies can be a challenging and potentially profitable opportunity for investors. However, before deciding to participate in the Forex market, you should carefully consider your investment objectives, level of experience, and risk appetite. Most importantly, do not invest money you cannot afford to lose.
There is considerable exposure to risk in any foreign exchange transaction. Any transaction involving currencies involves risks including, but not limited to, the potential for changing political and/or economic conditions that may substantially affect the price or liquidity of a currency. Investments in foreign exchange speculation may also be susceptible to sharp rises and falls as the relevant market values fluctuate. The leveraged nature of Forex trading means that any market movement will have an equally proportional effect on your deposited funds. This may work against you as well as for you. Not only may investors get back less than they invested, but in the case of higher risk strategies, investors may lose the entirety of their investment. It is for this reason that when speculating in such markets it is advisable to use only risk capital.
Please be sure to read all provided documentation for we here at FX Warlord are not financial advisors, we cannot tell you what to trade. We simply point out market conditions and how we ourselves would trade or deploy our automations. You understand the risks associated with trading and by engaging with FX Warlord or any of it’s affiliates, you are acknowledging what we discuss here and on the other disclaimer pages we have listed below and in the menu bar.
Our Core Values
Our core values here are what help us to design and implement our strategies whether automated or manual. There are many things as an investor/trader that we must all know in order to become profitable. These are as follows:
1. Mental & emotional traders/investor never work out. You have to first learn to plan to trade so that you can trade as planned. Overleveraging, improper risk management, and guessing trades are all apart of the losing trader and is the #1 thing you must learn is to cut off your emotions. This game is 90% emotions and 10% skill.
2. Trading plan is your discipline and discipline makes profitable traders. Have a trading plan and trade to that plan. Most losses come from lack of education and discipline.
3. Proper Equity Management is key to success in this business. Know your limits and never use equity you can’t afford to lose.
4. Properly research & choose the right broker. Your trusting them to hold your money like a bank. Review them, research them and make sure that you will be able to withdraw easily and frequently.
5. What kind of trader are you? Not what kind of trader do you think you are but what kind of trade is your personality? Click here to find out.
About Us
Market Warlords was first created with Forex in mind. Trading the markets, learning the patterns, and losing money. Forex ain’t everybody’s game and is not the most profitable venture most times but it is rewarding when it is rewarding. Christopher and Frank met while attending a certain school in which helps to assist you in having the right tools to become that profitable trader they make you think you’ll be. Be aware. Forex is manipulation at it’s best. It’s rigged for you to lose.
Then Covid-19 “Pandemic” hit and blockchain technology began to be known more widely. That’s when Christopher and Frank noticed the potential with this disrupted technology that will change our lives forever. It’s next to the biggest inventions in the world and you’ll see why.
