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About Forex
| The international exchange market Forex represents a separate version of world financial market. On Forex the purpose of traders is profit earning as a result of foreign exchange purchase and sale. Exchange rates of all currencies which are in a market turnover, constantly change as a result of shift in demand and the offer subject strong виянию of any important events for a human society in sphere of economy, politicians and environment. As consequence, the current value of the foreign exchange expressed, for example, in US dollars changes in this or that party. Using this change according to a known principle of the market «to purchase more cheaply – to sell more expensively», traders get profit. From other sectors of financial market Forex is distinguished by fast reaction to influence of numerous and constantly changing external factors, availability to any individual and corporate traders, extremely high trade turnover that creates гарантированность liquidities of currencies being in turnover, the round-the-clock functioning allowing traders to work out of usual working hours or during national holidays in their countries, using off-shore markets working at this time. As well as in any other market, trade on Forex at its exclusively high potential profitableness is integrated to a great risk. Success on it it is possible only after the certain preparation including: * Acquaintance with versions and structure of Forex, * Principles of currency pricing, * The factors influencing change of the prices and a risk degree at trade, * Sources of the information for accounting of these factors, * Methods of the analysis and forecasting of movement of the market, * Rules and trade tools. In the course of preparation for trade Forex the crucial role is played by training with use of the demos-accounts, allowing to put into practice the received theoretical knowledge and to acquire a necessary minimum of trading experience without risk of a material damage. Source: http://forex-ea.ru | |
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