What is Forex? (A simplified explanation for the circulation of currency)
The word "Forex" means short, the foreign exchange market or the international exchange of foreign money, which fits to the word "FOReign EXchange market" in the English language. And carried out by speculative buying and selling currencies that have the basic core portion of the operations in the Forex market and is the U.S. dollar (USD) (the base currency) and the euro (EUR) and pound sterling (GBP) and Swiss franc (CHF) and Japanese Yen (JPY)
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And they were buying and selling of those currencies in U.S. dollars or other currencies, including the so-called currency pairs, and in exchange for U.S. dollar or any currency against another currency value. And is a profitable speculation in the currency trade on the stock market, and also the most risky, because of the high volatility of the currency of the upward trend of the declining trend, or vice versa. In addition to the currency market there are other types of exchanges: the exchange of gold and silver, oil stocks, shares and bonds, and energy crops. The currency markets are characterized by different indicators and analysis and technical analysis, news and ready access to the profits.
The daily volume of currency trading in the Forex market of up to 3 trillion dollars. And for comparison we recall that the volume of the activities of the New York Stock Exchange does not exceed 300 billion dollars a day, or half a year was needed for the New York Stock Exchange to reach the size of the foreign exchange market.
The Forex market is not market the literal sense of the word, since it has no center and does not have a place where trading in a particular exercise. The practice of trading via the Internet and Allfinu computer at one time among the hundreds of banks around the world. Alumblyonat hundreds of dollars and sold to buy every few seconds, and this is the so-called trade in currencies.
Forex Market combines four regional markets: the Australian and Asian and European and American destinations. And continue operations which each trading day of work, and the market works on a round-the-clock 24 hours a day. And notes the relative calm of the hour until 20:00 and 01:00 GMT, and is attributed to the closure of the New York Stock Exchange in the eighth start of the evening and the Tokyo Stock Exchange work in one morning.
That the volume of operations in the global capital market in steady growth. Is associated with the great development of world trade and lift the ban on currency in many countries. That 80% of all transactions is a speculation in the currency market aimed at obtaining profits from price differences of currency. This speculation and attract many participants from both financial organizations or individual investors.
A result of the dramatic evolution of communications technology in the last two decades, this change in the market itself to a large degree. Profession currency trader, which was surrounded by a halo of secrecy is now almost unanimous. That trade in currencies, which was until recently limited to the monopoly the big banks has become accessible to all a result of electronic commerce. And even the largest banks in favor of electronic trading as well as personal transactions between the parties.
The aim of the Forex market as a potential person for the use of financial, mental and psychological is not the I'm Feeling Lucky. Some may succeed in this, but not for long. The basic advantage of the currency market is that the success of using a place of intellectual potential.
The expenses to engage in this work are not large. The fact that the requirements in this area of the primary study and the acquisition and the purchase of a computer information service and does not exceed the value of insurance all together a few thousand dollars and this amount can not invest seriously in any other field. With a huge supply of services in this area easy to find an experienced agent in the currency market. What is left after that will depend on the shops. Draw from this is that success in this area depends to you personally more than any other work.
The basic thing for success in this market, not the volume of money enters the market as far as the Permanent Hoturkiz on the market, understanding Mikhanykyate and the wishes of the participants. This results in continuous improvement of the method and organization of your Mtajrtk. This did not happen that a person has been adopted in the currency market on the capital only.
.
And they were buying and selling of those currencies in U.S. dollars or other currencies, including the so-called currency pairs, and in exchange for U.S. dollar or any currency against another currency value. And is a profitable speculation in the currency trade on the stock market, and also the most risky, because of the high volatility of the currency of the upward trend of the declining trend, or vice versa. In addition to the currency market there are other types of exchanges: the exchange of gold and silver, oil stocks, shares and bonds, and energy crops. The currency markets are characterized by different indicators and analysis and technical analysis, news and ready access to the profits.
The daily volume of currency trading in the Forex market of up to 3 trillion dollars. And for comparison we recall that the volume of the activities of the New York Stock Exchange does not exceed 300 billion dollars a day, or half a year was needed for the New York Stock Exchange to reach the size of the foreign exchange market.
The Forex market is not market the literal sense of the word, since it has no center and does not have a place where trading in a particular exercise. The practice of trading via the Internet and Allfinu computer at one time among the hundreds of banks around the world. Alumblyonat hundreds of dollars and sold to buy every few seconds, and this is the so-called trade in currencies.
Forex Market combines four regional markets: the Australian and Asian and European and American destinations. And continue operations which each trading day of work, and the market works on a round-the-clock 24 hours a day. And notes the relative calm of the hour until 20:00 and 01:00 GMT, and is attributed to the closure of the New York Stock Exchange in the eighth start of the evening and the Tokyo Stock Exchange work in one morning.
That the volume of operations in the global capital market in steady growth. Is associated with the great development of world trade and lift the ban on currency in many countries. That 80% of all transactions is a speculation in the currency market aimed at obtaining profits from price differences of currency. This speculation and attract many participants from both financial organizations or individual investors.
A result of the dramatic evolution of communications technology in the last two decades, this change in the market itself to a large degree. Profession currency trader, which was surrounded by a halo of secrecy is now almost unanimous. That trade in currencies, which was until recently limited to the monopoly the big banks has become accessible to all a result of electronic commerce. And even the largest banks in favor of electronic trading as well as personal transactions between the parties.
The aim of the Forex market as a potential person for the use of financial, mental and psychological is not the I'm Feeling Lucky. Some may succeed in this, but not for long. The basic advantage of the currency market is that the success of using a place of intellectual potential.
The expenses to engage in this work are not large. The fact that the requirements in this area of the primary study and the acquisition and the purchase of a computer information service and does not exceed the value of insurance all together a few thousand dollars and this amount can not invest seriously in any other field. With a huge supply of services in this area easy to find an experienced agent in the currency market. What is left after that will depend on the shops. Draw from this is that success in this area depends to you personally more than any other work.
The basic thing for success in this market, not the volume of money enters the market as far as the Permanent Hoturkiz on the market, understanding Mikhanykyate and the wishes of the participants. This results in continuous improvement of the method and organization of your Mtajrtk. This did not happen that a person has been adopted in the currency market on the capital only.
