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- Herausgeber: Addekk Technologies
- Kategorie: Fachliteratur
- Sprache: Englisch
Forex trading is a sweet endeavor for those that know the nitty gritty of it. You've got to venture into it with the right knowledge - that is what this e-book is out to provide.
Honestly, I don't want you to serve into the bush! And I want you to make gains maximally. That is why I am recommending this e-book 'FOREX EXPLAINED' for you.
Probably you have been in the market and you desire to get things more accurately and maximize your profits, this book is for you.
To your success,
Cheers!
Das E-Book können Sie in Legimi-Apps oder einer beliebigen App lesen, die das folgende Format unterstützen:
Seitenzahl: 64
Veröffentlichungsjahr: 2021
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ALL RIGHTS RESERVED
No part of this document may be duplicated, transmitted, resold or reproduced in any form or by any means without prior written permission from the author and publisher.
Unauthorized duplication of this material in any form is strictly prohibited. Violators will be prosecuted.
©2021 israel adedara
All rights reserved
email address: [email protected]
DISCLAIMER
The author and the publisher assume no responsibility for the use or misuse of this product, or for any injury, damage and/or financial loss sustained to persons or property as a direct or indirect result of using this report.
We cannot guarantee your future results and/or success, as there are some unknown risks in business and on the Internet that we cannot foresee.
The use of our information should be based on your own due diligence, and you agree that the author and the publisher are not liable for any success or failure of your business that is directly or indirectly related to the purchase and use of our information.
Table of Contents
ALL RIGHTS RESERVED
DISCLAIMER
CHAPTER 1: WHAT THE STOCK MARKET IS ALL ABOUT
CHAPTER 2: STOCK MARKET TRENDS
Bulls and Bears
The Market Outlook
CHAPTER 3: AN INTRODUCTION TO FOREX
Forex Functionality
The History of Forex
Forex Today
CHAPTER 4: UNDERSTANDING CURRENCY CONVERSION
Working with Multiple Currencies
Forex Trending
CHAPTER 5: UNDERSTANDING STATISTICS
Charts and Chartists
Understanding Market Trends
CHAPTER 6: FOREX VOLATILITY AND MARKET EXPECTATION
Devaluation and Revaluation
Appreciation and Depreciation
CHAPTER 7: ASPECTS OF THE TRADE
Long and Short
Market-Makers and Selling Short
CHAPTER 8: RISK MANAGEMENT
Limit Orders and Balancing Risks
How Do I Handle a Whipsaw?
CHAPTER 9: BUZZ WORDS
Jobbers, Yards, and Other “Brit” Terms
Open and Shut
CHAPTER 10: EXPERT TRADING OPTIONS
Volatility of Currency Conversion
CHAPTER 11: OTHER TRADING OPTIONS
Day Trading
Secondary Markets
CHAPTER 12: IN REVIEW
The Basic Trade
The Foreign Exchange Market
Careers in the Market
CHAPTER 13: ONE FINAL OPTION
Resources
CHAPTER 1: WHAT THE STOCK MARKET IS ALL ABOUT
In any business or moneymaking venture, preparation and foreknowledge are the keys to
success. Without this sort of insight, the attempt to make a profitable financial decision can only
end in disaster and failure, regardless of your level of motivation and determination or the
amount of money you plan to invest.
In the stock market, this rule applies to the nth degree, as you are investing your own money in
what could be considered a high-risk wager, and you are playing with fire if you do not have at
least a general background knowledge of how it functions. Since having a background in any
area is helpful in guiding you down a path in that particular region, the more solid your basis of
investment knowledge is, the more likely you are to profit from any attempt to trade on the open
market.
In many ways, trading on the stock market can be compared to driving – you do not have to be
an expert to get behind the wheel of a car, though you are expected to have some previous
knowledge about basic traffic laws, including moving violations, safety regulations, and other
legal vehicular infractions, which are learned through either specific study and coursework or
even through some form of simple exposure (such as the years you have spent riding with your
parents and others who have driven for years). You should be able to comprehend the basic
tools used to navigate a car (where the brake pedal is located versus the gas, and how to use
the rearview mirror, for example), even if you have never touched a steering wheel.
The same is true in entering the world of the stock market. While you do not have to know all
the terminology (you will not be short selling or determining your own long and short positions at
first, so you do not have to understand these references completely, though you should be
aware of them), you should certainly be versed in the basic functionality of trading stocks,
bonds, securities, and other commodities. And just like someone who is behind the wheel of a
car and getting ready to touch the gas pedal for the first time, you should start out with caution
and work your way in slowly. A first-time driver will first set the mirrors to his or her own liking,
then put the car in gear, look for any interfering traffic, and ease onto the gas pedal, never
flooring it and testing the engine coming out of the gate on the first attempt. Likewise, when you
select your first investment, you should choose something stable with little fluctuation and not
invest a large sum of money on this first venture.
When a person is learning to drive, he or she will be accompanied by another individual who is
more experienced and can assist them in making better driving decisions and offering
corrections that will aid in learning to handle the car more efficiently. In the stock market, there
are stockbrokers and other experts who can give you input and advice to help you in building
your knowledge of the commodities in which you are interested, essentially “steering” you
toward better stock market buying and selling decisions.
You could spend hours and hours researching the stock market and its functionality, learning
how to become involved in the trade and who to contact to get in the game, especially if your
interest lies in the Foreign Exchange Market, which goes far beyond the level of complication of
the domestic stock market. However, in this book, you will find all the basic information you
need to get started down the path to trading success. All of the leg work and tough research has been done for you, collecting the data and knowledge into one source from which you can
gain enough insight to make you a successful trader on the open market. All you have to do is
read in order to gain knowledge and wisdom, step by step that will bring you to a heady level of
success. In this ebook, you will find all such helpful information, all brought together in one
single source for ease of reference.
How Investment Works
Any time you are going to be putting your money into a fund; it is a good idea to start by
understanding what you are buying into. The stock market is a complicated entity, and doing
minimal business in trading requires a fair amount of basic knowledge, as well as the
understanding and acceptance of the high-risk factor. The more you know in advance regarding
the functionality of the system, the less likely it is that you will take a heavy hit, ending in
devastating loss.
First of all, and probably most important in the trading business, you should understand what
stocks actually are. When you buy or sell a stock on the open market, you should keep in mind
that you are dealing with real objects, not pieces of paper; you are buying and selling real parts
of a particular company, its product, or some other various commodity.
Owning a “share” means that you have actually bought into the company or product involved
and become a partial owner of that commodity. Of course, you could be one of millions of
shareholders, as most companies and products are broken into minute pieces of the whole, but
you are still considered an investor in that company or product until you sell your shares.
Think of it as paying for a tank of gas in the car that your parents bought for you to drive. You
may have even bought the oil filter that has been put on the car, and you may feel that this
