If you are interested in answer to the question: "What is Forex", then you're in luck! In this interesting article, you will find all the information you need! You will learn the basic concepts, functions and objectives. I'll tell you about it easily and without arcane words to anyone interested to understand me at 100%! So there you go, dear readers!
Let's start with the word "forex". The word is clearly not a domestic breed. The starting point is the British «forex», which in turn is derived from «FOReign EXchange market (the international currency market)." This is a common abbreviation, borrowed from the English language.
Basically, this word understand currency trading. "The speculation!" - You might say (in a cold sweat recalling the grandfather Lenin and the legislation of the USSR). "Yes" - I will answer, keeping in mind the collapse of the Union. That speculation! At the present time - it is a profession, an entire industry. Any bank, lending institution, etc. not averse to doing this, in fact, some very good and profitable work!
If you ever turn on the TV, we saw the good-natured person presenting news, in all seriousness reported exchange rates, the ratio of the ruble against the dollar and the euro. So, the best rates are established in currency trading, that is the forex!
So called, we figured, let's go on!
What is the forex market? - A Currency Exchange. Market - a place where trades are held. The most famous Russian MICEX (Moscow International Currency Exchange), there are less well-known in Saint-Petersburg, Samara. The building, where every day people gather, it would be to trade (at the same time ease jokes and talk about women).
What is the forex market
Trader - so name the person who is engaged in trade. The word is overseas, taken from the English language, «trade» - trade (a verb), «trader» - trader.
Called trading trade process transactions on the exchange.
Everything, everything, everything! Do not remove the tomatoes and eggs, dear readers, a little English lesson is over!
Internet trading - the most common in the moment (and in the court of the 21st century!). It differs from the classical one, that for transactions do not need to be present at the exchange itself, enough to connect to it via the Internet. All companies that provide access to trading on the stock exchange for a wide audience, always guided by the Internet users.
Now that you know what the forex market and the basic concepts, so you can get the leading financial news.
Why do I need to exchange currency trading? The main goal is a fair, market determination of exchange rates. For relations between states, for international business and exchange rates calculations are very important! It is equally important that these courses are not taken from the ceiling somehow official, and is closely related to the market situation and the situation in the whole world! There are, of course, and cons (price spikes, an artificial increase or understatement), but, in my opinion, the advantages significantly more! And the relative freedom of doing business, regardless of the state is one of the main!
In addition to these important goals, trading and use for profit. On changes in currency rates can make good money! For example, in 1000, we have this green American dollars! Includes news, listen carefully to the master, who said that the dollar-ruble exchange rate 1/30 (ie one dollar give 30 rubles). We go to the bank, changing our 1000 US $ 30 000 and we place it under the pillow. After a month of anxious waiting and regular attempts to bite your elbows and turn zomboyaschik learn that the rate is now 1/20! This is good news, take a seat in his arms and fly at full speed to the bank! Now for 1 dollar give 20 rubles! 30 000 divide by 20, and get $ 1,500! That's how much we returned to the bank after the exchange. As a result, we have received 500 dollars in profits. Of course, I presented everything in a more simplified way, because as you can earn the same and lose! But the point, dear friends, I hope, is clear.
As in any business, to achieve a result - you have to work. Spending time, effort and often money! The main thing - go to the end and not give up!
Basically, this word understand currency trading. "The speculation!" - You might say (in a cold sweat recalling the grandfather Lenin and the legislation of the USSR). "Yes" - I will answer, keeping in mind the collapse of the Union. That speculation! At the present time - it is a profession, an entire industry. Any bank, lending institution, etc. not averse to doing this, in fact, some very good and profitable work!
If you ever turn on the TV, we saw the good-natured person presenting news, in all seriousness reported exchange rates, the ratio of the ruble against the dollar and the euro. So, the best rates are established in currency trading, that is the forex!
So called, we figured, let's go on!
What is the forex market? - A Currency Exchange. Market - a place where trades are held. The most famous Russian MICEX (Moscow International Currency Exchange), there are less well-known in Saint-Petersburg, Samara. The building, where every day people gather, it would be to trade (at the same time ease jokes and talk about women).
What is the forex market
Trader - so name the person who is engaged in trade. The word is overseas, taken from the English language, «trade» - trade (a verb), «trader» - trader.
Called trading trade process transactions on the exchange.
Everything, everything, everything! Do not remove the tomatoes and eggs, dear readers, a little English lesson is over!
Internet trading - the most common in the moment (and in the court of the 21st century!). It differs from the classical one, that for transactions do not need to be present at the exchange itself, enough to connect to it via the Internet. All companies that provide access to trading on the stock exchange for a wide audience, always guided by the Internet users.
Now that you know what the forex market and the basic concepts, so you can get the leading financial news.
Why do I need to exchange currency trading? The main goal is a fair, market determination of exchange rates. For relations between states, for international business and exchange rates calculations are very important! It is equally important that these courses are not taken from the ceiling somehow official, and is closely related to the market situation and the situation in the whole world! There are, of course, and cons (price spikes, an artificial increase or understatement), but, in my opinion, the advantages significantly more! And the relative freedom of doing business, regardless of the state is one of the main!
In addition to these important goals, trading and use for profit. On changes in currency rates can make good money! For example, in 1000, we have this green American dollars! Includes news, listen carefully to the master, who said that the dollar-ruble exchange rate 1/30 (ie one dollar give 30 rubles). We go to the bank, changing our 1000 US $ 30 000 and we place it under the pillow. After a month of anxious waiting and regular attempts to bite your elbows and turn zomboyaschik learn that the rate is now 1/20! This is good news, take a seat in his arms and fly at full speed to the bank! Now for 1 dollar give 20 rubles! 30 000 divide by 20, and get $ 1,500! That's how much we returned to the bank after the exchange. As a result, we have received 500 dollars in profits. Of course, I presented everything in a more simplified way, because as you can earn the same and lose! But the point, dear friends, I hope, is clear.
As in any business, to achieve a result - you have to work. Spending time, effort and often money! The main thing - go to the end and not give up!
