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3-11:TCC Top Forex: Trading Strategy.docx

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1、TCC Top Forex: Trading StrategyThe world of trading and investment is as frustrating as its return! Forex (foreign exchange) is no exception usually described as risky, profitable and complex.Forex is the worlds largest trading market.Foreign exchange is the world market for buying and selling curre

2、ncies. This market is developed to cater to the supply and demand of governments, companies and individuals for different currencies due to international trade and import and export.Therefore, people trading in the market include consumers, businessmen, investors, speculators and banks.Different cou

3、ntries use different currencies - their value is different from others. Forex trading involves buying and selling 2 currencies - trading currency pairs - you sell one while buying another. Maybe you use The dollar buys in pounds - if the supply of pounds is scarce - it will cost more dollars to buy

4、the pound - forex traders want to sell their pounds at a higher price than they buy.Speculators in foreign exchange refer to traders who accept the possibility of exchange rate changes and expect to make a profit through currency fluctuations.As a speculator you should always start with less money a

5、nd have a trading system able to tell you when to enter and leave the market. It is a favorite choice for currency traders. Because you can trade the foreign exchange market 24 hours a day and the cost is very high. low.This market because of its size is difficult to be manipulated like stocks most of it is influenced by news or events around the world. Therefore, the opportunity for internal trading can be ruled out.However - note - Forex brokers assess 90% of trader losses; 5% balance and only 5% get profitable results!

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