What is Forex Trading?
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The simple answer is MONEY.
Because you do not buy anything physical, trading forex can be confusing.
Think about buying a currency like buying a stock in a particular country, a bit like buying shares of a company.
The price of the currency is usually a direct reflection of the market opinion on the current and future health of the respective economy.
In foreign exchange trading, if you buy, say the Japanese yen, you are basically buying a "stake" in the Japanese economy.
They bet that the Japanese economy is going well and will improve over time. Once you sell these "stocks" back on the market, hopefully you will end up with a profit.
In general, the exchange rate of a currency against other currencies is a reflection of the condition of the economy of that country compared to the economies of other countries.
At the time you graduate from this school of pipsology, you will be eager to work with coins.
Currency symbols always have three letters, the first two letters identifying the country's name and the third letter identifying the currency's name.
Take NZD for example. NZ stands for New Zealand, while D stands for dollar. It's pretty simple, right?
The coins included in the above table are called the "majors" because they are the most traded.
We also want to let you know that "buck" is not the only nickname for USD.
There are also: green notes, bones, Benjis, Benjamins, cheddar, paper, booty, scrilla, cheese, bread, moolah, dead presidents and cash.
So, if you wanted to say, "I have to go to work now."
Instead, you could say, "I, I have to bounce, you have to make her benji's son!"
Or if you wanted to say, "I have a lot of money. Let's go to the mall at night.
Instead, why not say, "I, I've scrilla crazy!" Ima will go to the mall later.
Did you know that in Peru, a nickname for the US dollar? is Coco, which is a pet name for George, a reference to George Washington's portrait on the $ 1 bill?
Thanks for watching this video thoroughly, please click on subscribe for another Forex training, thank you
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What is Forex Trading?
The simple answer is MONEY.
Because you do not buy anything physical, trading forex can be confusing.
Think about buying a currency like buying a stock in a particular country, a bit like buying shares of a company.
The price of the currency is usually a direct reflection of the market opinion on the current and future health of the respective economy.
In foreign exchange trading, if you buy, say the Japanese yen, you are basically buying a "stake" in the Japanese economy.
They bet that the Japanese economy is going well and will improve over time. Once you sell these "stocks" back on the market, hopefully you will end up with a profit.
In general, the exchange rate of a currency against other currencies is a reflection of the condition of the economy of that country compared to the economies of other countries.
At the time you graduate from this school of pipsology, you will be eager to work with coins.
Currency symbols always have three letters, the first two letters identifying the country's name and the third letter identifying the currency's name.
Take NZD for example. NZ stands for New Zealand, while D stands for dollar. It's pretty simple, right?
The coins included in the above table are called the "majors" because they are the most traded.
We also want to let you know that "buck" is not the only nickname for USD.
There are also: green notes, bones, Benjis, Benjamins, cheddar, paper, booty, scrilla, cheese, bread, moolah, dead presidents and cash.
So, if you wanted to say, "I have to go to work now."
Instead, you could say, "I, I have to bounce, you have to make her benji's son!"
Or if you wanted to say, "I have a lot of money. Let's go to the mall at night.
Instead, why not say, "I, I've scrilla crazy!" Ima will go to the mall later.
Did you know that in Peru, a nickname for the US dollar? is Coco, which is a pet name for George, a reference to George Washington's portrait on the $ 1 bill?
Thanks for watching this video thoroughly, please click on subscribe for another Forex training, thank you
forex, forex results, automated trading, what is forex trading, what is forex trading and how does it work, what is forex trading pdf, what is forex trading all about, trading strategies, what is forex trading in hindi, what is forex trading in urdu, what is forex trading in india, what is forex trading youtube, what is forex trading for beginners, what is forex trading, what is forex trading hindi, what is forex trading online, what is forex trading system, what is forex trading all about
