. Well, there's nothing wrong with all that knowledge. So too with your wonderful dreams. Everyone has the right to have the dream to live well established and become financially independent.
But that is just sweet things sepenggalan in the world of forex. An ideal final destination. And maybe if asked further whether forex trading it, maybe you'll be confusion.
"What forex it is equal to the money changer?"
"Or a trade like stocks?"
"From where I can get a benefit?"
"What is it legal?"
"Loss"
"or what?"
Wait ... I know you have many questions. All these questions will be answered on this website. !!
Well, then let's start our first introductory course with
forex trading. To facilitate your introduction with forex, forex trading analogies I'd with stock or money changer. This is because most know what that money changer or stock trading (if you don't know, go to a money changer and ask the clerk there Cool)
If anyone asks me what is forex trading then the answer can be very varied. But I liked this simple definition: forex trading is an investment instrument in the form of foreign exchange trading pairs. Forex has some other name like Fx, margin trading, or even Trade Forex. It was all more or less refers to
forex trading. The advantage in investing forex (forex is an abbreviation of FOReign Exchange) were obtained from the difference between the buying price and the selling price of a currency that we are operating with.
if so the exact same forex with time we exchanged money at the money changer right?? Yes indeed similar. So from the beginning of My last analogic of forex trading in the money changer. Much like it's not the same. So there is a difference. The main methods of which are done with the form of margin trading and no surrender of goods physically.
The couple traded in Forex trading-currency pairs are commonly referred to as pairs. For example the USD/JPY pair which means that the exchange rate between the US Dollar and Yen Japan. O Yes, before I forget, there will be some term or abbreviation that will we find in the world of forex. We have to figure it out, but don't worry, I've prepared a dictionary on page more. Among the investment instruments on the trading floor, forex trading is the greatest instrument kapitalnya. Large volume of trading around US $ 2 trillion (remember, in us dollars) it about 46 times greater than exchanges of commodity futures markets (such as rubber, coffee, gold, etc.) of another. Or thousands of times larger than the total transactions at the Jakarta Stock Exchange!! With the capitalization of the forex trading market is known as the largest and most liquid in the world.
Only 5% of the funds above which is a government funding of routine nature. the other 95% belong to the world free from many investors. The biggest markets completely and deeply pluralist. Another plus is the forex trading is an investment instrument that is active 24 hours a day and 5 days a week. Starting from the European markets, the Americas, Asia and Australia. So unlike the Jakarta Stock Exchange which can only Transact in daylight, on the forex trading (especially on online forex trading) we can make transactions anytime and anywhere.
Not all currencies can be traded here. Only a few developed countries currencies commonly used i.e. USD (US Dollar), JPY (Yen Japan), GBP (United Kingdom Pounds), EUR (Euro), CHF (Switzerland Francs), and the AUD (Australian Dollar). So when we invest in the forex trading market, then we will not find the pairs in the form of IDR (Indonesian Rupiah) with USD. That there are currency pairs that I mentioned earlier of EUR/USD, USD/JPY, CHF/USD etc. Remember our initial definition, forex trading is trading foreign currencies with other foreign currencies.
This is one of the difference between a money changer in General. If you go to a money changer and swap Your Rupiah with dollars, then it means that you make a transaction with a partner $/USD aka Indonesian Rupiah with U.s. dollars.
This never happened in forex trading. Traditionally, the currency traded currencies is just fundamentally has advanced with a large import export volume as well as stable.
The next trait in forex trading is her physically had never traded. Yup, never. Different if you had to go to a money changer and swap Your Dollars, then you are required to carry it in your Pocket
physically. Well, on the forex, and selling done physically. Listed are merely evidence of the transaction as well as when You make a transaction. The days of yore (like the fabled course would J) of all forex transactions are written in the form of a letter of beharga. Then after the phone usage expands, evidence of the transaction reduced just being short writings commonly called quotes. From this was born the term Dealing Quotes (DQ)
Now, trading forex is no longer done by phone. Has already started. Now his time online. Then all the ways transactions and evidence of any transactions conducted online. You simply fill in the user id and password provided by the platform provider (in this case called a broker or broker) then, click ... and there all the details of your transaction.
It is very ease all those forex transaction due as such anyone can Transact and Moreover, such transactions are no longer limited by place and time. Apropos is handled by the system and no longer via telephone that in fact should be held by a human (dealer) then the investor can invest forex anytime he wants 24 hours a day with a variety of convenience.
In fact I know several housewives who play forex trading through his home. Building on the internet on their laptop or home computer, then their action is started to analyze the movement of hara. Mothers lho ... So if you and I are already working and become employees of the Office does not know forex, embarrassed dong ah same modern mothers, he ... he he ...
OK, this discussion is about the First Touch With our Forex Trading. One of the most prominent in the world of forex trading model is done with margin trading system. Margin trading is a trading system using only guarantees in trade (margin = collateral).
This contrasts with the trading system with the method of the usual spot we do everyday. The intent is to Spot trading system is one of the Exchange one.
Getting confused? OK then let's see a real picture in the world of foreign currency exchanges everyday. Again I contrasted to foreign exchange trading through the money changer with forex trading. Yet another money changer ... Sorry for once it seems money changer. We wish all readers no one opened a money changer in the world of business.
