Wednesday, October 19, 2011

What is Forex?

"The international currency market FOREX (Foreign Exchange Market - FOREX)-a set of transactions on the foreign exchange market participants exchange of specified sums of money of one country for currency of another country at the market rate ..."
All true, but the only game in the Forex market that will offer you in DC has nothing to do with this definition, simply because you will not be a member of the foreign exchange market.
I present to you my thoughts about Forex. Trading on the Forex.
Let's look at Forex on the other hand - by playing the forex. Look at the trade from the perspective of an ordinary man - a trader who trades through the trading platform. Forex - Market.
Let's abstract. Trader buys a product for $ 100. The price of this product increased to $ 150 and he sells it for that price, a profit of $ 50. If a price has dropped to $ 50, the trader sells it at that price and get a loss - $ 50. The price of goods is always changing, and nobody knows it will grow or fall. The trader is anyone's guess. That is, Forex is a market where you can trade some commodity to profit or losing money. Forex - the game.
And how do you explain this. Imagine two players, two traders, who sit facing each other. One puts $ 50 in that the price of EUR (Euro) 1 hour later dropped, and another trader makes $ 50 on something that the EUR will grow during this time. Whoever wins gets all the money. In the end, one trader gets a profit of $ 50, and another - a loss of $ 50. This is the principle and the Forex - a trader benefits from another trader. That is, Forex - a system of distribution of money between participating in a game traders. Forex - intellectual game.
I believe that the Forex - a game, an intellectual game. A game in which a trader need to guess the direction of the exchange rate. If you guessed right, then take away win, do not guess - you lose the bet. It's simple and straightforward. And all that is needed for successful trading is to keep guessing. But in this lies the whole problem - no one knows where to go rate - up or down. Forex - play or work.
So what exactly is Forex? This is a game or a serious work? I think it all depends on the goals that the trader has set itself. If a trader wants to deal with Forex professionally, he'll understand all the intricacies of the market, but first, get a degree in economics. And if the task trader - to improve his financial situation, then he needs to treat this as a game. All that is needed - this play, guessing the movement of currencies. How to start trading in Forex.
In order to start trading in Forex, you need to open a trading account with (DC). That broker is exposed to open a trader orders to buy or sell. I recommend to pay attention to the broker "Alpari". To find out what was going on, visit their website. The website contains all the necessary information for a novice trader on how to open an account and how to start trading. Trade is conducted with the help of trading platform MetaTrader4. So you need to install on your computer. This is a free program you can download it (about 3 MB) Online brokerage, which uses the terminal, or on the developer's site - MetaQuotes Software Corp. Acquainted with the terminal MetaTrader4 and its possibilities in the section MetaTrader4. How to succeed in Forex.
The key to success for a trader in the Forex market is spent on its study of the time - more to spend, the more earned. Then how to spend time in studying the market, depends on the approach to trading. Each trader can decide how to spend this time. I propose to spend it on developing a mechanical trading system and its testing. As well as searching for new systems and methods of trade. Because I believe that only non-standard, non-trivial approach to the market can lead a trader to success. Trade on Forex.
Now the main thing. To get the answer to the question "What is Forex?" Not morochte his head, reading the various articles, and start trading - become a trader. Try to start with a demo account, and then the mini-Forex. And a couple of months you trade disappear all of your questions The present-day. But rest assured that you will be new. Through this pass all the new traders.
Forex - is interesting and fascinating world. I invite you to plunge into this world and try your hand at this difficult but interesting case.

              

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