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DotBig Broker: The Best Platform for Financial Growth

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DotBig Broker: The Best Platform for Financial Growth
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Earnings on online trading begin with choosing a broker. It is necessary to analyze the situation using technical and information tools to determine which assets will bring the maximum profit. In this case, online brokers provide capabilities and analytical tools for successful work on Forex.

DotBig exchange is a universally licensed broker that allows you to carry out transactions in the currency, stock, commodity, and cryptocurrency markets. This brokerage company has been successfully operating in the international financial markets for more than 20 years. Having its trading terminal, it allows users to safely conclude online transactions for the purchase and sale of exchange assets from anywhere in the world.

The DotBig company is established and operated according to international law.

Popular Forex Trading Strategies

Well, the whole set of Forex trading strategies comes with short-term (valid for a maximum of one day), medium-term (up to a week or a month), and long-term (several months). It is possible to choose the type of strategy and a specific option to adhere to only based on personal experience. However, individual experience is always a trial-and-error method. To prevent mistakes from becoming fatal, you can try out several simple strategies that are usually suitable for beginners. What are the Forex strategies?

London Daybreak

Although the over-the-counter Forex market operates around the clock, it is better for a trader to know the opening hours of the world’s currency exchanges. So, the London Currency Exchange opens at 10:00 Moscow time, and in the first hours of its operation, it is technically possible to track where the exchange rates are moving. As a rule, the trend continues throughout the day. The “London Daybreak” refers to short-term, or intraday, strategies.

Moving Average Crossover

When implementing this strategy, the average value for the selected period, for example, 21 days, is superimposed on the chart of fluctuations in the exchange rates of your chosen currency. This value is taken as a reference scale. Next, a user tracks price fluctuations around this value. When the market turns up, he starts buying the currency, and when it falls, he sells it. This method sometimes brings decent profits in the medium term.

Three-Drive (Or Three Indians)

The Forex method is based on the principle: “Where there are two Indians, there is a third.” Its essence boils down to the fact that if you see two extremes of the same orientation on a steadily rising or falling chart, you can catch a third one. This method plays best as a long-term strategy, although it can be used for shorter periods since the whole focus is to track the extremes.

5 Trading Rules for Novice

Before starting Forex, one should understand the tools used on the market and clarify the rules of the game so that one does not lose all funds at the first deal.

  • Study and analyze. Constantly practice fundamental and technical analysis, even allowing for a lot of miscalculations. Novice traders may feel they have understood everything and can work “on autopilot”. This big error leads to the first major loss.
  • Keep to your goal. It is crucial to always have a goal, after which you are ready to leave the auction. In other words, fix profits on predetermined values of the currency rate or other assets.
  • Avoid overactivity. Many novice traders, due to the influx of adrenaline, feel the need to be on the market and make deals all the time, which sooner or later – or rather, quite quickly — leads to a tangible loss.
  • Don’t play too hard. Do not trade for the sake of the process itself! Trade only for profit and only according to the chosen trading strategy.
  • Stick to the trading plan. Do not give in to emotions; stay calm and disciplined. Intuitive actions and emotional impulses are inherent in everyone, but a beginner simply should not allow himself to do them. Emotional instability is one of the main reasons for complete ruin while trading Forex.

How to Increase Financial Well-being with Dotbig?

DotBig belongs to one of the platforms that offer the most effective solutions for Forex trading to users worldwide.

All the DotBig reviews can be divided according to the types of trading clients choose. Most of them prefer active trading in the foreign exchange markets using the analytical tools offered by the platform. You can also often find reviews about the availability of automatic trading on the site. The broker allows investors to multiply their capital in several ways:

  • Active trading. The client can trade himself using the DotBig investment web terminal, the MT4/MT5 platform, or the mobile application. At the same time, the broker allows traders to use the economic calendar, charts of technical market analysis, and the latest news of the global financial markets.
  • Automatic trading. With this tool, one can invest using the automatic mode provided by the company. To do this, a trader can work with digital robots or trading signals that will give hints at the time of opening or closing market deals. The DotBig Forex platform also provides a copy trading service that allows newbies to copy the exchange deals of experienced traders.
  • Cooperation with a broker through an affiliate program. With this tool, investors can attract new partners to the company and receive a certain reward from it. It is supposed to be possible to use social networks, websites, internet blogs, and other online resources for such work. The broker provides affiliate links to such clients that lead to the official DotBig portal.

Well, DotBig Broker is a multi-active platform. It provides access to various assets, including stocks, bonds, precious metals, currency pairs, commodities, and other exchange tools. DotBig’s reviews also confirm the possibility of withdrawing profit in bitcoins, which is an additional advantage for modern crypto traders.

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