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Trade forex...

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Where to startMany now wonder: "Where to start, if you wish to trade on the stock market?" You can find the answer in this article.

You need only a beginning investor or trader think about what to do sosvoimi savings, as before it inevitably raises the question: "Where do I start?" In fact, do not put the same money at ridiculous interest to the bank. Such interest, then to the same and still not get it. If we consider also the very real prospect of losing to the same bank at all the entire amount, then the profit from this money order is quite obvious. About such thoughts tormented author, when he thought about the unenviable fate of investors who trust money every fraudsters. Perhaps this gave rise to, to go on the thorny path of speculators. Of course, first of all, ... Read more »
Viewings: 379 | Date: 28.08.2011 |Comments(0)

International Currency codesIn order to communicate in one language, all the participants of currency trading accept and comply with the time formed the international standards and regulations. For example, for the representation of currencies in all transactions carried out in writing, as well as their confirmation apply the so-called ISO-codes (ISO - International Organization for Standardization). They are also associated with international payments.

Single currency code is composed of three letters: the first two letters denote the country, the third - the currency.

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Viewings: 443 | Date: 28.08.2011 |Comments(2)

Forex: The main currency market participantsCommercial banks
They spend the bulk of foreign exchange transactions. In the banks holding accounts of other market participants and carry with them the necessary conversion and deposit-lending operations. Bank as it accumulates (through transactions with customers), the aggregate market demand for currency conversions as well as in drawing / placing funds in and out with them at other banks. In addition to satisfying clients' requests, banks can operate independently and at their own expense.
In the end, the foreign exchange market is a market of interbank dealings, and, speaking afterwards about the movement of exchange rates and interest rates, one should bear in mind the interbank foreign exchange market. On world currency markets have t ... Read more »
Viewings: 508 | Date: 28.08.2011 |Comments(1)

Forex: Myths and RealityMyth: Forex - is like playing in a casino.

Reality: In fact - this exchange trading.
According to the Bank for International Settlements (BIS) crednesutochny turnover of the Forex market is more than 1.7 trillion dollars! This is the international currency exchange market, which earn thousands of banks, investment companies and private individuals. The only similarity to the casino - is that if you make trades, hoping only for good luck - you can quickly how to lose capital, as well as in several times to increase it.
The difference is that the casino you can not always win, but here it's real. It is a fact. In addition, the casino game you like, nobody will give credit - will look at you like crazy. By working at ... Read more »
Viewings: 407 | Date: 28.08.2011 |Comments(1)