Attracted me yesterday conversation between me and a friend of mine wants to identify more on the world of Forex. During my explanation to him how to deal and margin private system of dealing quickly and grandmother screaming this gamble. But does the fact that Forex trading gamble? Is Forex friend or foe?
Forex or this is known by everyone trading in foreign currencies dealing system margin, is the latest financial markets in practice due early trading Forex to 1971 when U.S. President Nixon to stop the dollar's convertibility into gold, which was agreed upon in the Bretton Woods Agreement. Since then we have seen a lot of banks start converting currencies into other currencies to take advantage of periods of strength and weakness of this currency and we found the number of participants in the currency markets is increasing and banks start allocating circuits intended for trading in the currency within the operations of the Treasury Department in these banks and see the evolution of these markets is accelerating day by day Even daily trading volume in the foreign exchange market to more than $ 4 trillion a day.
Succeeded many in profits would not say they are huge with forex sixth sense , but only can be described Balkhialah and seen stories huge for success was best known success famous in achieving astronomical profits after selling sterling in large quantities in a time when the Bank of England is trying to support the pound across purchased in large quantities and conquers Soros in that period and fall of the pound to achieve Soros billions in profits and the Bank of England fails in his quest to support the pound hence the title of Soros, the man who defeated the Bank of England.
But is there more of Soros in the Arab world.
Unfortunately During more than 15 years spent in the foreign exchange markets (FOREX) it is able to make a profit are people who have limited exposure holy huge losses in this market.
Most of the losses were the result of lack of awareness and the bulk of them as a result of greed that blind eyes from reality and here was Forex mortal enemy for traders and helped some companies that sought to loss rolling with reinforced so than claimed to portfolio managers and they manage accounts without the knowledge they went with their money and funds others to losses huge.
While others benefited from the forex market after that they knew very well what is Forex and they learned and were convinced their weapons which they distinct hunting profits in the forex world.
Forex become a good friend to those who know very well how to trading and is aware that trading is not gambling as understood by many, but an investment like any other investment needs to science and knowledge and the ability to apply and use what he learned stores in order to achieve profits with binary options bully.
While Forex enemy remained arch of many of those who sought to quick profit Vhakqgua interim profits and then went these profits as a result of greed and lack of awareness and took her money and other funds.
Here will be the advice most importantly any stores willing to invest that initially targeted learning and knowledge and then organize what they have learned the proper form to be exploited in time to become one of the few that achieve profits not to join the masses of dreamers profit huge soon find cry losses that went with his money and his savings.
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