Forex What is Forex? Log in to know Forex
The term of the strange person may pass through what is sometimes Vtaatsael??
This article may answer your questions!!
I can simply tell you that the word Forex is the expression of the Manual of the term foreign Foreign Exchange, which means short of speculation in the foreign exchange market or in the global stock of coins!!
The beginning, let me show you what the stock market?
Original theme from here:Forex the Egyptian Stock Exchange Group http://www.BORSAEGYPT.com/showthread.php?p=1059706749
We are daily buying and selling many different goods that are displayed in shops and markets and venues such as food, clothing, cars, appliances ... And others.
We find generally that each commodity market characterized by a special, where he will meet with those interested in the item to be operations, including sales and purchases on the basis of the price determined by the forces of supply and demand.
The stocks, bonds and currencies is one of those commodities are exchanged between individuals, institutions and countries on a daily basis and in huge quantities.
Called the markets in which they are trading (buying and selling) that kind of commodity bourses. And stock exchanges exist with all countries in the world and each stock exchange and its specialization,Forex and the States to administer such exchanges and the organization to work with.
Currency Exchange!!
Like any other stock exchanges where the sale and purchase of one country's currency against the payment of another country's currency ..
For example, where to buy the U.S. dollar to pay the single European currency (Euro), or the opposite, ie buy the euro to pay the U.S. dollar an interview.
Or buy the U.S. dollar to pay the Japanese yen, or vice versa.
Or buy the U.S. dollar to pay the pound sterling, or vice versa.
Or buy the U.S. dollar to pay the CHF interview, or vice versa.
Or purchase of any currency and payments for other currency as a price to it.
Thus, it is displayed in the form of currency pairs so that the sale of one of those couples for the purchase of the other spouse, or vice versa
The minor differences that arise between the exchange rates change as a result of the forces of supply and demand during the time that could be exploited to make a profit from this market.
Imagine that you have to buy one Euro now and paid interview (1.2700) dollars,Forex shortly after the change to become the euro (1.2800) so I did sell it again in this amount.
Now you can calculate your profits (1.2800 - 1.2700 = 0.0010) it is clear that you won a penny of that process simple.
But what if you've purchased (10000) euros, you can win in that transaction (100) dollars at once.
If I need large sums of money to take advantage of this market??
No .. You do not need large sums of money to achieve huge profits in this market. In fact, you will not rely on that money allocated for investment only!! As this market provides a unique system you can trade large amounts of money for the payment of small sums only.
This system is called the system marginal
You can this system of trading in amounts of up to 200 times the amount that you are wiling and more. Full and keep the profits for yourself.
Original theme from here: the Egyptian Stock Exchange Group http://www.BORSAEGYPT.com/showthread.php?p=1059706749
As well as losses!! However, the losses in all cases, will not exceed the small amount that you wiling beginning. In other words you can not continue to lose if your capital losses exceeded the initial, and will not be required to pay any additional amounts above the amount that you wiling initially.
The volume of transactions in the forex market in steady growth. Associated with this great development in world trade and lifting the ban on the currencies in many countries. The (80%) of all transactions is a speculation in the currency market aimed at obtaining profits from price differences. And attract these speculations by many participants, both financial organizations or individual investors.
But how is the buying and selling these?
The forex market is not a market in the literal sense of the word, as it has no center and no place has a certain exercise a trade. The trading exercised by contacting the telephone exchange and Internet computer at a time, one of hundreds of banks around the world. Alumblyonat hundreds of currencies bought and sold every few seconds.
Companies are specialized and licensed by the receipt of purchase and sale orders from investors to be implemented by them.
Called these companies, brokerage firms (Brokerage firms) and in any case, it does not you can implement your orders directly without dealing with one of those companies.
It is generally the following sequence
* Choose a brokerage firm fit your goals and your potential for contracted
* You open an account with that company are registered and your personal information, shall be the amount you wish to invest your account.
* The follow-up to the movement of prices by one specialized programs on your computer and give you buy and sell orders for brokerage firm through the trading platform.
* The company will implement your orders and any profits or losses will be added to or withdrawn from your account.
* You can of course withdraw your money from the company or add them at any time.
Communication between you and the brokerage firm is through a special program called a workstation (Platform), and log in to this program through a user name and password be communicated to you when you open an account in the company.
This enables you to program up prices and give buy and sell orders and full control of your account. Of course, all these processes will be during your computer connection to the Internet.
You will find that the process of communication and interaction between you and the company is located in the other half of the globe is very easy and you'll find that most companies offer strong support to help investors, including distances to the nearest border and if the company is located in the room next to you.
Original theme from here: the Egyptian Stock Exchange Group http://www.BORSAEGYPT.com/showthread.php?p=1059706749
That's the way things in general, but you should learn it before trading real money you must have sufficient expertise to manage your account properly because it is simply that you can easily lose all your investment if you were not experienced enough.
How can I increase my experience and my knowledge of this market?
That one question ... To which direction price will go??
He has made a lot of scientists, teachers and developers a huge effort and spent a long time in the study to give us research and numerous studies dealing with financial markets. In order to answer this question.
That predict the correct direction of prices depends on the deep study of the market.
We usually find three forms of market analysis: analysis of news, and technical analysis, and analyze myself. And be combined and considered the right of this analysis of the three is the guarantee for the correct prediction in the forex market.
News analysis involves the study of economic and political factors that may affect the currency market. For example, reports the reserve policies of the U.S. central bank, economy and basic transactions, and the pronouncements of the important events and other important.
The main objective of the basic analysis is to analyze the key factors and their impact on the dynamics of prices in the forex market. The shops in the forex market always be familiar with the status quo in the world.
Technical analysis is an analysis of the market situation changes based on the previous price. Used in this analysis graphs that reflect price changes for a certain period. We can also technical analysis to understand the general market situation at the present time, several indicators can predict price changes in the near future.
Technical analysis is based on the fact that the price to take into account all the factors that could affect the market - economic, political, psychological and other factors - are all already in the account when determining prices. And if the market is really a market as a result of movement consist of a large number of participants taken after analysis of the enormous amount of information when they contract deals. The behavior of prices is a result of these decisions, and you have to monitor input all the information in this market.
What is needed is the fact that the stores know the direction of price movement. And technical analysis, gives a tremendous amount of tools enable us to draw useful forecasts of the graphs of prices.
Psychoanalysis is to analyze the behavior of traders in the market and their psychological and expectations, hopes and fears.
This type of analysis is very important because the proportion of health is very high. We must not forget that behind the computer stations that provide price outlook on human beings and their actions depend in the end exchange rates.
You may find that it is initially interesting, fantastic and perhaps find it hard and tired and in fact, is very interesting and wonderful, hard and tired together. The realization of huge profits is not easy, easy, but in any case is not difficult or complicated.
You can start from now to learn and gain experience and remember that if you did not start it will not end ....
Friday, November 26, 2010
Subscribe to:
Post Comments (Atom)
Recently I read was this post that is good information about the forex market to be efficient companies on the market. It would be great to be more popular in the trade.
ReplyDelete