Success on Forex Essay - 275 Words

Dreams and Reality Through the Eyes of Optionova Professional (Other (Not Listed) Sample) Content: Success on Forex: dreams and reality through the eyes of Optionova professionalIn the twenty-first century - the century of information, have significantly increased opportunities of each individual. Availability of information resources made closer the implementation of the " golden dream " - to achieve financial independence , in which the individual is free to choose where, when and how to realize their life goals . One of the options of achieving financial independence - independent management of its capital in the financial markets.How thorny is the way to achieve financial independence, correspondents of our magazine found out together with experts of Binary Options Brokers Optionova.Meeting with Forex was held - peculiarity.The first stage of acquaintance with the financial markets to the general public can be considered valid: about Forex knows practically everyone and have already appeared traders with experience of over 10 years. List of companies providing access services to us to the international foreign exchange market, has passed over three hundred, and their advertising has already appeared in the suburban transport. Perhaps a shining example to the masses promoting Forex is the story of a retired K., who managed to organize in the city phony "investment with a structure as managing trader in Forex. In the minds of the older generation has been a qualitative leap. Younger one doesnt even imagine existence without of the HYPERLINK "-forex.org/wiki/internet.html" \o "à Ã‹Å"à Ã‚ ½Ãƒâ€˜Ãƒ Ãƒâ€˜Ã¢â€š ¬Ãƒ Ã‚ ½Ãƒ Ãƒâ€˜"HYPER14InternetHYPER15, advertising Forex covered almost without exception.The stage of capital accumulation by intermediaries is almost over. Stage promotion of Forex "to the masses" had all the features of the phenomenon, which used to be called financial pyramid: gullible citizens carried their accumulation in dealerships where these savings ... No, do not disappear - Money just changed their owners." At the sa me time, in contrast to previous methods, taking money from the population (MMM and similar structures), in DC money from trading accounts allegedly lost because of errors traders, and the ability to resolve disputes in court was simply absent. The result was the primary accumulation of capital by financial intermediaries, and further, according to the laws of capitalism, began competition: strong steel to absorb the weak. A simple example: in order to stay in business, some companies now offer to open trading accounts ... one dollar! Because of competition and changed methods of attraction (retention) customers all financial intermediaries took train (almost free) future traders. If you remove the advertising wraps, the learning process is to train future victims of battles in international financial markets." At the same time, students often do not realize that they will be engaged in currency trading not in the Forex market, but just among themselves, within the so-called Company "kitchen". As usual in life, everything new is well forgotten old.Financial success in Forex is possible. The next stage of the financial markets development will be marked by the establishment of civilized population (controlled by the law) relationship between traders and forex companies. When conditions are created in which income of the Dealer center will consist mainly of fees , and the loss of the deposit ( trading account ) client will mean for DC not revenue growth , and its reduction - for the preparation of future traders will take professionals . In fairness it should be noted that such a civilized relationship can be created and voluntarily, because theoretically possible collaboration between DC and trader in fair conditions. To check "on honesty" the future trader can be given advise a test question in the contract with DC : what guarantees do you provide that in the case of increasing my trading account up to one million (ten , one hundred) dollars money will be paid immediately ? Are you surprised by the statement? But no one is surprised when the bank requires collateral (pledge) in response to a request for a loan, right?When the main issue is solved - return on investment (and further increase) it is time for the future millionaires to estimate his ability to earn that million. What shall I need to do to make from 10000 paid for trade in Forex 100000? A million will be done from 100,000. Under the existing scheme, many DC work on Forex with leverage 1:1000 for a tenfold increase in the trading account is required to make one or several successful transactions in the currency pair . Then, the figures (they are somewhat arbitrary, but reflect the essence of what is happening): 10,000 accounts with leverage 1:1000 allow you to open a deal on 100 standard lots. If the movement of the currency pair will go into a profitable trader side, through 100 points of the movement (e.g., Eurodollar price rose from 1.3500 to 1.3600) in the account will ha ve 110 thousand dollars. Now you can close the deal (it is a prerequisite), and access to the cashier for the cache (in cash). The successful trader will have about 100 000 dollars minus commission.Is not it a miracle? Then, with a hundred thousand this operation on the trading account ( deposit ) must be done proportionally with the larger lot - and here it is, a million! Cool, right?Oh, I forgot to mention: the average value of the currency pair Eurodollar is about 100-150 points a day. That is, on average, it takes about two days to become a millionaire. There is one small condition: you have 10,000 for start. And there is the provision: if you open the above deal on 100 lots, and the price will go in the other way you expected, i.e. unfavorable side - 10 points of such a movement in your account will remain ... $ 0 ... Success on Forex Essay - 275 Words Dreams and Reality Through the Eyes of Optionova Professional (Other (Not Listed) Sample) Content: Success on Forex: dreams and reality through the eyes of Optionova professionalIn the twenty-first century - the century of information, have significantly increased opportunities of each individual. Availability of information resources made closer the implementation of the " golden dream " - to achieve financial independence , in which the individual is free to choose where, when and how to realize their life goals . One of the options of achieving financial independence - independent management of its capital in the financial markets.How thorny is the way to achieve financial independence, correspondents of our magazine found out together with experts of Binary Options Brokers Optionova.Meeting with Forex was held - peculiarity.The first stage of acquaintance with the financial markets to the general public can be considered valid: about Forex knows practically everyone and have already appeared traders with experience of over 10 years. List of companies providing access services to us to the international foreign exchange market, has passed over three hundred, and their advertising has already appeared in the suburban transport. Perhaps a shining example to the masses promoting Forex is the story of a retired K., who managed to organize in the city phony "investment with a structure as managing trader in Forex. In the minds of the older generation has been a qualitative leap. Younger one doesnt even imagine existence without of the HYPERLINK "-forex.org/wiki/internet.html" \o "à Ã‹Å"à Ã‚ ½Ãƒâ€˜Ãƒ Ãƒâ€˜Ã¢â€š ¬Ãƒ Ã‚ ½Ãƒ Ãƒâ€˜"HYPER14InternetHYPER15, advertising Forex covered almost without exception.The stage of capital accumulation by intermediaries is almost over. Stage promotion of Forex "to the masses" had all the features of the phenomenon, which used to be called financial pyramid: gullible citizens carried their accumulation in dealerships where these savings ... No, do not disappear - Money just changed their owners." At the sa me time, in contrast to previous methods, taking money from the population (MMM and similar structures), in DC money from trading accounts allegedly lost because of errors traders, and the ability to resolve disputes in court was simply absent. The result was the primary accumulation of capital by financial intermediaries, and further, according to the laws of capitalism, began competition: strong steel to absorb the weak. A simple example: in order to stay in business, some companies now offer to open trading accounts ... one dollar! Because of competition and changed methods of attraction (retention) customers all financial intermediaries took train (almost free) future traders. If you remove the advertising wraps, the learning process is to train future victims of battles in international financial markets." At the same time, students often do not realize that they will be engaged in currency trading not in the Forex market, but just among themselves, within the so-called Company "kitchen". As usual in life, everything new is well forgotten old.Financial success in Forex is possible. The next stage of the financial markets development will be marked by the establishment of civilized population (controlled by the law) relationship between traders and forex companies. When conditions are created in which income of the Dealer center will consist mainly of fees , and the loss of the deposit ( trading account ) client will mean for DC not revenue growth , and its reduction - for the preparation of future traders will take professionals . In fairness it should be noted that such a civilized relationship can be created and voluntarily, because theoretically possible collaboration between DC and trader in fair conditions. To check "on honesty" the future trader can be given advise a test question in the contract with DC : what guarantees do you provide that in the case of increasing my trading account up to one million (ten , one hundred) dollars money will be paid immediately ? Are you surprised by the statement? But no one is surprised when the bank requires collateral (pledge) in response to a request for a loan, right?When the main issue is solved - return on investment (and further increase) it is time for the future millionaires to estimate his ability to earn that million. What shall I need to do to make from 10000 paid for trade in Forex 100000? A million will be done from 100,000. Under the existing scheme, many DC work on Forex with leverage 1:1000 for a tenfold increase in the trading account is required to make one or several successful transactions in the currency pair . Then, the figures (they are somewhat arbitrary, but reflect the essence of what is happening): 10,000 accounts with leverage 1:1000 allow you to open a deal on 100 standard lots. If the movement of the currency pair will go into a profitable trader side, through 100 points of the movement (e.g., Eurodollar price rose from 1.3500 to 1.3600) in the account will ha ve 110 thousand dollars. Now you can close the deal (it is a prerequisite), and access to the cashier for the cache (in cash). The successful trader will have about 100 000 dollars minus commission.Is not it a miracle? Then, with a hundred thousand this operation on the trading account ( deposit ) must be done proportionally with the larger lot - and here it is, a million! Cool, right?Oh, I forgot to mention: the average value of the currency pair Eurodollar is about 100-150 points a day. That is, on average, it takes about two days to become a millionaire. There is one small condition: you have 10,000 for start. And there is the provision: if you open the above deal on 100 lots, and the price will go in the other way you expected, i.e. unfavorable side - 10 points of such a movement in your account will remain ... $ 0 ...