INILAH.... 9 Perkara Pelik Ini Hanya Ada Di Jepun Sahaja…!! No. 5 Tu Mesti Ramai Nak Buat Kalau Ada Di Malaysia….haha
Basic Information Abut Forex?
That is the Million-Dollar question now would you not agree? Well, in actual fact, learning
what Forex is, and how to trade in Forex does not have to become all that difficult to
understand; it just takes a little logic, time and effort; thereafter, the puzzle pieces will start
fitting together, giving you extra confidence to kick start your trading journey with ACM
Gold.
The simplest answer to the question posed is to think about it as the marketplace where
currencies are bought and sold – in essence, exchanged, albeit ACM Gold impressively
offers you the ability to trade in other types of categories of what are commonly known as
instruments.
In this training handbook, we will be introducing you to the concepts applied to the Forex
Market, but it is helpful to know that most of the theory can ultimately be transposed
into the other market types. Why? It is because they are almost identical to trade from a
technical and fundamental perspective. That said, beware, there are a couple of significant
differences between them and trade that can, and do have an impact in the way that you
trade, so it is important that you understand these differences before you endeavor into
an unfamiliar territory.
The easiest and most sensible place to begin your trading career, is habitually to trade
with the big currency pairs and possibly gold; but no matter what trade, it will ultimately
be your ability to control your emotions and your money management skills that will
determine success. However, this two-pronged success criterion will not fall in the scope
of this manual; for that you would need to invest in some real schooling, like the type
provided by the renowned University of Forex and Gold. All right let us take a step back
and have a brief look at the two categories of instruments that ACM Gold offers:
· Spot Forex: e.g. the Euro versus the US Dollar (EUR/USD)
· Spot Commodity Metals: e.g. Gold versus the US Dollar (XAU/USD)
Not sure yet what ‘’Spot’’ means? Do not worry; we will soon get into explaining what they
mean, while we dive a bit deeper. For now though, keep the two categories in the back of
our minds and let us aim our focus at the title holding Spot Forex Market!
It is now common knowledge that Forex is a marketplace where buyers and sellers gather
to barter in currencies, but what is also imperative to realize is that our modern-day method
of trading means that you do not trade in any tangible currency and in addition, you are not
required to trade through any exact location.
We all meet as various players in “cyberspace’’ through the most cutting-edge and
sophisticated network ever created in order to purchase and vend electronic currency
solely for having the chance to profit from fluctuations – awesome!
But what do we really mean by the phrase ‘’no physical location’’? To find out, we first
need to understand the meaning of an over the counter market to fully grasp this.
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