According to the survey of the BIS (Bank for International settlement - World central bank), is done by the end of 2004, the forex market transaction value reaching more than USD $ 1.4 Trilyun by his time. As a result, perspective investment in forex trading is very good.
Forex, What is it?
The international currency market Forex is a particular kind of world financial markets. The purpose of Trader on the Forex to get profits as a result of foreign exchange buying and selling. The exchange rates of all currencies currently on the market turnover are constantly changing under the action of supply and demand change. The latter is a solid under the influence of any important for human society event in the field of economics, politics and nature. Accordingly, the current prices of currencies measured by example in the U.S. dollar fluctuates with a view to its top and bottom lines. The use of these fluctuations, according to a principle known "buy cheaper - sell higher" operators to obtain gains. Forex is different in comparison to all other sectors of the global financial system due to its increased sensitivity to a large and ever-changing number of factors, accessibility to all traders and corporate exclusively top trade turnover which creates an ensured liquidity of currency and exchange tower - the clock working hours that enable professionals to cope after hours or during holidays in their country seeking to open markets abroad.
Like any other market trading on the Forex, and only with a great potential for profitability, risk is essentially - wearing. It is possible to get a hit on the right after some training, including familiarization with the structure and nature of Forex, the principles of price formation currencies, the factors affecting prices of transformation and exchange risk levels, sources of information necessary to account all these factors, technical analysis and forecasting market movements as well as negotiating tools and rules. An important role in the process of preparation of trading on the Forex is the demotrading (ie trade using a demonstration with some virtual currency), which allows to testify all the theoretical knowledge and gain a minimum requirement of experience in the trade are not subject to damage equipment.
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