A person's success depends on continuous accumulation, continuous learning, three-point days are destined to rely on hard work, no shortcuts can be found, investment roads are long, although not just for the night, but can not be wasted time, K-line The ups and downs of the rise do not mean that the ups and downs of life are in vain, and they should not be overwhelmed by interests or losses.
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1. What is foreign exchange?
Foreign exchange is a creditor's right that can be used in the balance of payments deficit held by the monetary administration (central bank, monetary authority, foreign exchange leveling fund and the Ministry of Finance) in the form of bank deposits, Treasury bills, long-term and short-term government securities.
Including foreign currency, foreign currency deposits, foreign currency securities (government bonds, treasury bills, corporate bonds, stocks, etc.), foreign currency payment vouchers (tickets, bank deposit vouchers, postal savings vouchers, etc.).
As of 2015, China ranked first in the world's foreign exchange reserves. However, the United States, Japan, Germany and other countries have a large amount of private foreign exchange reserves, and the country's overall foreign exchange reserves are much higher than China's.
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Second, why invest in foreign exchange?
In the 2017 National People's Congress. Premier Li Keqiang mentioned that it proposed to promote foreign exchange transactions and called for more investors to participate in foreign exchange transactions. This shows that foreign exchange will be the most popular investment and financial choice product in China in the next few years.
1. The most liquid financial market in the world
The average daily trading volume of the foreign exchange market is as high as 5.3 trillion US dollars. The market circulation is extremely high, which is several times higher than that of any country's stock market. The active quotation makes it have investment potential.
2, 24 hours do not stop trading, two-way trading is more flexible
Forex trading is a 24-hour trading market. Forex trading is buying one currency and selling another currency. If investors are optimistic about the trend of a certain currency, they can choose to buy in the market; if they are bearish on the trend of a certain currency, they can choose to sell in the market. . Investment opportunities are more flexible and rich, and there are investment opportunities for both the market and the market.
3. The fairest and most transparent trading market in the world
Foreign exchange prices are affected by macroeconomic factors such as politics, military, economics, supply and demand, as well as interest rates, stock markets, economic environment and data, policy decisions, various political factors and major events set by local central banks. These factors are not A single investor or group can control it. Investors in foreign exchange trading are distributed globally, and foreign exchange prices are quoted according to international currency market conditions according to international practices. It is difficult to have inside information and insider trading, and the market is difficult to control. In addition, the global foreign exchange market has a large volume of transactions, and it is difficult to generate a single price control. Investors can trade in a fair environment.
4. High liquidity of funds
The foreign exchange market is one of the largest financial markets in the world economy. Market participants include banks, commercial institutions, central banks, investment banks, hedge funds, governments, currency issuers, note-issuing banks, multinational organizations and retail investors. The liquidity of funds is extremely high, and investors do not have to bear the investment risks caused by the lack of trading opportunities.
5, the transaction is easy to operate
Foreign exchange trading in the market, mainly using the online trading platform to place orders directly. The online trading platform provided by the company has complete functions, and provides foreign exchange market and related trend information. The trading operation is convenient and simple.
It is precisely because of the above many advantages that the foreign exchange market has attracted a large number of investors to invest in trading.
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Third, how to speculate on foreign exchange?
Forex trading is the exchange of one country's currency with another. Unlike other financial markets, the foreign exchange market has no specific location, no central exchange, but trades through electronic networks between banks, businesses and individuals.
1. How to do it quickly?
If you are the first to hear about foreign exchange, you have never touched it. How do you think you should learn? Of course, finding a teacher to teach the fastest, the master leads the door to practice and rely on the individual, you have to spend time to learn and comprehend. If no one takes it and explores it, most of the small partners don't waste time and pay tuition to the market. So how do you get started quickly?
2. Learn foreign exchange knowledge
See some books on stocks, foreign exchange, precious metals and crude oil futures. There are a lot of books on the market, and you can select dozens of books that you think are useful, or books recommended by others, and read them quickly. The purpose of fast reading is to understand what foreign exchange is all about, and what efforts to make in the future.
3. Theory plus practice
Don't read the book carefully. If you learn more, you will only get rid of your thoughts and forget what you learned before. The most effective and quickest way is to apply what you have learned and learn to use it now. At the beginning, it is best to suggest a simulation operation, which avoids paying tuition fees, and can be used to practice hands, killing two birds with one stone.
4. Gradually own your own trading system
At the beginning of the trading system, most of them borrowed from others, or they saw what others used in the book and you followed. At this point, at the very least, the order can be justified, but it will take a long time. After all, it is not something that I have explored, and it cannot be perfectly integrated into the trading system. Have your own ideas and ideas in the operation. According to the place where you often have problems, it is good to constantly improve your trading system.
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Fourth, what should be noted for newcomers to foreign exchange?
The foreign exchange speculation is the same as other investments, and it cannot be arrogant and low-minded. Learn to run without learning to walk. Any investment requires a solid foundation of knowledge to make a profit. Once the mentality is not squared, indulging in the wrong imagination and predictions at the outset will ruin the entire learning mechanism behind. What aspects should newcomers learn about forex?
How to avoid risks?
1, the first is the state of mind, as the saying goes, "seven mindset, two points of technology, one luck", investment is a mentality. When investors enter the market and face large fluctuations, there will be ups and downs and they will be affected. Self-confidence, unsatisfied or complacent is a taboo for successful investors.
2, positions, develop good trading habits. It is really important to pursue a stable profit habit. Scientific management of positions, set reasonable stop loss to avoid blind ignorance in the transaction. Adhere to the good habits of each transaction, continue to improve the technology.
3. At the beginning of foreign exchange trading, many investors will have a headache for market control, especially there is no way to avoid some high-risk behaviors that are clearly known. In this case, investors can follow the advice of some analysts so that they can learn more at the beginning.
4, look down on profit and loss, I believe that every friend who makes investment is holding a purpose, that is to make money! If you can't make money in this market, it becomes meaningless! The financial market is fair to everyone. Since someone loses money, someone must make money. Only when you calm down, can you open the cloud that covers your eyes; quietly taste a cup of tea, you will find that many opportunities are in sight.
5, control emotions, many people's greatest sorrow, is walking on the road in confusion, can not see the hope ahead, when you can control your emotions, you will succeed. The road to investment is very long, and you must learn to be indifferent.
6. If you are willing to make a decision, you will be able to avoid some mistakes, but you will also lose some chances of success. The crisis is terrible, but what is even more terrifying is that it has responded inappropriately in the face of the crisis. When the machine is upright, it can turn to safety.
After reading the above analysis, I believe that you already have a little feeling, at least know how to learn. Anyway, if you can see this article, you are lucky, at least a little bit of gain. Knowing how you want to learn can save you time, you can save on tuition, you can achieve such a result, and I have not written so much, so that you have a touch in your heart.