Why buy dollars and sell other currencies?
Why buy the currency of another country, such as the US dollar, the euro, the single European currency, the Japanese yen or others, and sell your country's work in order to get the other currency? This is our 15th day lesson.
The reason simply coins are a tool for exchange and access to goods, services and products
To take an example if a Saudi citizen wanted to buy a US-made car from the US country and the price was $ 20,000, for example, here in this case will not send them the Saudi riyal is required to pay the amount in US dollars
If the purpose of the currency exchange is to benefit from the service, product or product
Of course, a country like the US will not accept the Saudi riyal, the Egyptian pound or others. They want their dollar or the currency of the euro
As such, if a person wanted to travel to a European country or to buy a country and import another country, he would send her currency
So here we get this lesson to ask about what is the price of the currency or exchange rates against each other
Go to the next lesson in the Forex course to talk more about the currency
*******
Another explanation
***********
Is Margin trading a positive or negative factor in the Forex market? High Leverage?
We mentioned previously that the financial multiplier in the Forex market and trading margin system double-edged sword, that you will have a positive side and also a negative side and would like to be clear before you dear Continental and follow-up to the course of free Forex education from our full picture so that you can understand and know how to benefit from leverage and how Avoiding its losses This is Lesson 14 in the Forex Education Course
Why is High Leverage doubling the financial point of positive and dangerous at the same time?
Trading margin and financial leverage: is that you trade in currencies multiplied by the head of the owner to 100 or 200 times and you really agree that you have 200 times of the head of the owner and thus the profits achieved by them take it full and Kanak this head owner but in fact it doubles the head of the owner 200 weakness
Ie if the multiplier you have in your company is 1: 200
And you had $ 1,000 to open a contract with the company for $ 200,000
And earn profits and you have $ 200,000 and this is the advantage in the financial multiplier
Also in the currency market you find that it supports the largest leverage of any other market
But what is the risk of leverage
The risk is that if your expectation is sinful and you open more than one deal at the same time did not take into account the point of management of capital, which we will talk about in the future
Your risk is offered as potentially as possible to the Margin Cool and losses in your account
You should always take into account the available margin and margin used in your account and we have provided details about them in the previous lessons of the Forex course. You can refer to them and study them again if you are not following our course from the beginning
Now go to the next lesson in the Forex Education Course for beginners to learn and be able to
تعليقات: 0
إرسال تعليق