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Ztradeczar – Trading with the right attitude
Ztradeczar – Trading with the right attitude
Archive : Ztradeczar – Trading with the right attitude
Whether you are a Day Trader, Swing Trader or Long Term Investor, learning to be consistently profitable is a never ending challenge. Our Educational courses are developed to give you the background, relevant information, and skills needed to quickly become the trader you want to be.
Knowing the concepts of Risk Management, Trading Tactics, Discipline, Emotional controls, and many more topics is essential. Until traders learn how to trade in real time all the background knowledge, edges, or attitude adjustments possible will not help. Not only do we bring you the essential knowledge, tools, and skills necessary to be a great trader, all of our trading courses utilize accelerated trading videos to provide you the experiences of seeing the setups develop, see the trades executed, and understanding the how and why profits/losses are taken off the table.
See also: Trades Trader Resources
What is forex?
Quite simply, it’s the global market that allows one to trade two currencies against each other.
If you think one currency will be stronger versus the other, and you end up correct, then you can make a profit.
If you’ve ever traveled to another country, you usually had to find a currency exchange booth at the airport, and then exchange the money you have in your wallet into the currency of the country you are visiting.
Foreign Exchange
You go up to the counter and notice a screen displaying different exchange rates for different currencies.
An exchange rate is the relative price of two currencies from two different countries.
You find “Japanese yen” and think to yourself, “WOW! My one dollar is worth 100 yen?! And I have ten dollars! I’m going to be rich!!!”
When you do this, you’ve essentially participated in the forex market!
You’ve exchanged one currency for another.
Or in forex trading terms, assuming you’re an American visiting Japan, you’ve sold dollars and bought yen.
Currency Exchange
Before you fly back home, you stop by the currency exchange booth to exchange the yen that you miraculously have left over (Tokyo is expensive!) and notice the exchange rates have changed.
It’s these changes in the exchange rates that allow you to make money in the foreign exchange market.
Salepage : Ztradeczar – Trading with the right attitude
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