FOREX MARKET Introduction:
- जिस तरह Shares को खरीदने- बेचने को Share Market कहते हैं उसी तरह Currency के खरीदने-बेचने को Forex Market कहते हैं
- Also known as FX, Currency Market, Foreign Exchange Market
- Word’s Daily Volume Market – 6 Trillion USD+
- The US Dollar is the most traded currency in the world.
4 लोगों के डिनर का बिल 10 लाख कैसे?
- Because 1 RS= 194 Indonesian Rupiah
- Central Bank
- Investment Management Firms
- Business Owners
- Hedge Funds
- Retail Forex Brokers
Why is Forex Traders?
- Reasons fo Forex Trading is Speculation and Hedging
- Speculation: To make money of the rise and fall of the currency prices like trading of equity
- Hedging: Locking the price of a currency to save losses due to unwanted moves in exchange rates. Mostly done by importers and exporters or who deal in foreign contracts
Forex Trading होती कैसे है ?
- Spot Market
- Future Market or Forward Market
- Future Market in Forex:
- Contracts are executed
- Future Prices are fixed
- Profit and Loss are calculated on the basis of currency prices on maturity dates. (Quite similar to stock trading)
Is Forex Market Legal & Regulated?
- In General, Forex trading is a legitimate business.
- But There are some Exceptions is some countries too.
Forex Trade कहाँ से सीखें और करें ?
- Do 100% Research, Have proper Knowledge, Be 100% Sure about Legalities in your country before starting your Forex Journey.
- Goto https://fbs.com/analytics/videolessons
Demo Trading Before Actual Trading
- FBS Trading Broker App Get demo $140 to trade by my special link: https://bit.ly/DrUjjwalPatni
Forex Trading Pros & Cons:
- More Leverage- काम पैसों में ज्यादा व्यापार
- Open 24 Hours
- Easy to Enter & Exit
- Global Business
- High Leverage brings Volatility & Risk
- You to understand Economic fundamentals & Global Factors
- Interest Rate
- Trade Flows
- Economic Strength
- Geopolitical Risk
- Less Regulated
How to Start Forex Trading?
- Learn About the Business
- Do Dummy Trades
- Check for Legality in your country
- Develop a trading Strategy
George SOROS (King of forex)- एक दिन में बैंक हुआ बर्बाद ?
- Donated 30 Billion Dollar
- 16 Sep 1992 (Black Wednesday)- George SOROS had Short sell 10 Billion Dollar and Earned 1 Billion dollar in a Day
- George SOROS- The Man who broke the Bank of England