Trading or investing online
What is trading forex online:
Simple Explanation
Trading or forex online is the global stock market and stocks
Trading depends very much on your feelings. You must control your feelings in order to be able to focus and make money
Trading is a platform or website through which you can earn money by anticipating the Japanese candlesticks. It is based on technical analysis, and it is a study based on understanding the financial markets. Trading consists of two transactions: buying and selling It consists of an indicator, like this
The platform and the site provide you with many technical analysis tools to predict the next candle, UP or DWON
some of which depend on it, while others depend on Japanese candlesticks like this
And the red candle symbolizes selling
And the green candle symbolizes buying
The green candle = bears , the red candle = bulls
This chart shows price on the right (vertical) axis, and time on the bottom (horizontal) axis. The chart consists of bars from which small lines emerge from the top and bottom; They are known as candles. The candle tells us four pieces of information:
- Opening price
- The closing price
- The highest price
- Lowest price
The candle displays this information for a specific time unit. For example, the chart above is a daily chart; Each candle represents one day. Thus, each candle indicates the opening price, closing price, high price, and low price for a given day. You can look at the bottom of the horizontal axis in the chart to see which day corresponds to which candle. Here is an image showing how these four pieces of information which are the opening price, low price, high price and closing price for a given time period are represented in the context of a candlestick
The wicks, or shadows, are the thin lines that emerge from the rectangular body of the candle. They represent the highest price and the lowest price during that time period.
If the candles are up, then it is a bullish market If the candles are down, it is a bearish market Green candlesticks are bullish = buy It symbolizes Red candles To fall = sell
Trading offers you a demo account with a lot of money and recharge it for free in order to train on it
Do you need to learn trading:
Trading, if you have good experience in it and learn it, you will earn a lot of money in a short time
But if you don't have experience you will lose everything
Trading is very deceiving and you need to understand it. No one is bigger than the stock market or the currency market
How does trading work?
There are different ways to practice forex trading, but they all work in the same way: buying one currency and selling another at the same time.
- Traditionally, forex trading was done through a traditional broker, but thanks to online trading service providers, you can now invest wherever you are.
- Forex trading is the activity, if not a profession, of buying and selling currency pairs to anyone with a computer, mobile phone, and internet connection.
- Trading is a daily and international activity. Governments, corporations, and even individuals trade currencies daily.
- These exchanges take place through computer networks between traders around the world. This is the main reason why the forex market or the currency market is the largest and most liquid market in the world.
Are there many currencies that I can trade on? Yes
✔️ US dollar
✔️ Euro
✔️ Sterling
✔️ Japanese Yen
✔️ Swiss Franc.
These currency groups make up a group of the major forex currency pairs:
✅ EUR / USD - GBP / USD - USD / JPY - USD / CHF
Is trading risky?
Yes, if you do not have experience, you will lose a lot and a lot of money. Do not be fooled
What is the minimum amount that I can participate in trading?
You can start trading from the first $10
What are the means of deposit in the trading sites?
visa card , MasterCard, PayPal, and digital currencies such as USDT, Bitcoin, Litecoin, and Perfect Money
What are the most popular platforms or sites in trading?
best investment sites Or best trading platform
best trading platform help you trade:
After all, trading is a way to make money
It depends on the expectation of the next candle, up or down. The decision is up to you. Search YouTube, you will find a lot of information
