Forex Trading Tutorial for Beginners
The world I invite you to is not only the world of my ideas, my thought, flowing according to your knowledge. The fruits of my inventions, the most selective, in the most incomparably incomparable sense of the word.
Certainly, business with the speed of thought has become possible and available to anyone, everyone and everyone, Here and now, a review of the opportunities provided to us by the Internet network.
Let’s work together to create financial miracles, miracles do not happen. You, trading in the Forex market is undoubtedly connected with great risk. And yet analytically intuitively calculate its movement; its course is possible, even easier than you probably think, think before getting to know this unique phenomenon – Forex. And this is mastery – fused together theoretical and practical knowledge that has become intuition. This is easy, even if we follow the simplest, simplest laws, laws, inferred practices. And they are easy enough to learn and understand. You just need to understand the essence of the phenomenon. There are players, there are experts and there are losers; but the winnings are already secured with all the rules of common sense. Only the Internet and your attention are needed.
The first step that must be done is to realize that the game is an art, as well as life is an art. Mastering mastery must be the most important thing in life, nothing in the world should be more important than the chosen art. This is also true in this case.
Any market – only a set of transactions. Another issue is the subject of these transactions. In our case, this is the exchange of the sums of the monetary unit of one country to the currency of the other party at the agreed rate – these are quotations, values that exist on a certain date. The parties themselves choose the price at which they conclude contracts.
The term currency risks reflect the possibility of losses on this market. Currency risk is the danger of currency losses, which is due to the change in the exchange rate of one foreign currency against another when conducting a variety of foreign exchange transactions (foreign economic, credit, etc.). Quotations of exchange rates constantly, every second change, which is reflected on the screen of monitors.
It can be not only trade with the help of a personal computer. Trade is possible now and not only over the phone, there are applications for mobile phones that allow you to conclude transactions directly from your phone, get quotes in real time.
Forex Trading is a 24-hour foreign exchange market. Since trades are made on an international scale, and not in a single country, traders start trading, despite the 24-hour nature of this trade, at certain times of the day. This is usually a normal working day. Those. if you consider bidding within one day, you can talk about the existence of three main zones, geographical centers of currency trading. This is Asia centered in Tokyo, Europe centered in London and German Frankfurt – on the Main, as well as the United States of America with centers in three cities – New York, Chicago and San Francisco. Europe begins to trade in currency from 9 am with an upsurge in activity at 10 o’clock. This is a simple explanation – the cross-trade of the European and Asian financial markets begins, as evidenced by a sharp price fluctuation. Closure of the European component is attributed to 21 o’clock.
American session – from 16 hours. The first serious impact on the European trading session, the US financial markets are beginning to provide at 16:30). What is the reason for this? Publication of important reports – indicators of the state of the US economy.
Practically complete fading of the market is attributed to 2 o’clock in the morning (Moscow time).
Quite obvious is the insignificance in fluctuations in the exchange rates. For a dollar (valued in another currency) this is one, two, three cents a day. Those buying one thousand US dollars in the calculation of the growth of the dollar against the Russian ruble, I can make a profit of only 300 rubles with the growth of the US dollar rate by thirty kopecks. To make the foreign exchange market more accessible is the invented mechanism – a leverage, a credit lever. It is from 2, even possibly more than one (if 1 is not a credit) to 500. Such a lever allows using Alapari. Those. in this case, if such a lever is used, I can buy half a million US dollars for 1000 US dollars. The limit of my orders this amount – the opportunity to profit (suffer a loss) at the risk of this money. The risk of the company, who granted me such a loan is also limited – the amount of my deposit. Those. risks increase in these most 500 times. But the growth potential also increases in these five hundred times. Therefore, using the 1: 500 leverage can be an unjustified risk for the investor and yet, if you have sufficient experience, knowledge and skills, using it can be your chance to multiply your capital. “I understand that the risk of losing capital in the market is great, I consider myself ready for risk, I understand my responsibility” – such a warning can often be found on the websites of dealing centers. T if you have enough experience, knowledge and skills, using it can be your chance to multiply your capital. “I understand that the risk of losing capital in the market is great, I consider myself ready for risk, I understand my responsibility” – such a warning can often be found on the websites of dealing centers. T if you have enough experience, knowledge and skills, using it can be your chance to multiply your capital. “I understand that the risk of losing capital in the market is great, I consider myself ready for risk, I understand my responsibility” – such a warning can often be found on the websites of dealing centers. T. e . here the risk of all is great . You need to know how the general laws of market movement, and be able to use the indicators of this market, they help, signal about possible downturns and rises in the market. Of course, someone is at a loss.