3 Reasons Why Forex Trading is a Huge Opportunities for You (2024)

What is forex trading? Where and When forex trading is open? Why should we learn Forex? How can we make money from forex trading? Are those traders just sit and watch the charts on their laptop with coffee on the beach?

3 Reasons Why Forex Trading is a Huge Opportunities for You (1)

3 Reasons Why Forex Trading is a Huge Opportunities for You (2)

Like @lewismocker, @irek.piekarski and many others full-time Forex Trader that I follow on Instagram. They’re just like in heaven. They travel around the world (whenever and wherever they want), have a lot of MONEY, beautiful girl, gorgeous super car, eat healthy food, doing work out every day, doing charity, helping people and everything else. But one thing that I want so bad (and maybe you do) is FREEDOM. Who doesn’t want it anyway?.

Melihat para trader, merekalayaknya hidup di surga. Mereka bisa keliling dunia (kapanpun dan kemanapun), punya cukup uang, istri cantik, mobil kelas supercar, makan makanan sehat, punya waktu olahraga cukup, bisa beramal dan lainnya. Tapi Kebebasanlah yang paling saya (dan kalian) inginkan. Setuju?.

So here’s the deal. we will start with big pictures of forex trading (I’ll try to make this fun for you to learn) so you will have a solid understanding of the forex trading and forex market, and you will then be ready to learning more deeply about it and hopefully you will then be ready to make money from forex trading.

Oke, kita akan mulai dengan gambaran besar dari Forex, sehingga anda akan memiliki pemahaman dasar tentang pasar forex, dan anda akan siap untuk belajar Forex lebih dalam sehingga bisa memperoleh keuntungan dari Forex.

3 Reasons Why Forex Trading is a Huge Opportunities for You (3)Forex is short for ‘foreign exchange’ also known as FX, currency exchange, and currency market. Forex is the act of changing one country’s currency into another country’s currency for a variety of reason.Forex is a place for us to buying and selling currency (virtually).

Forex singkatan dari Foreign Exchange, yang juga dikenal dengan FX, dan pasar uang. Forex adalah kegiatan menukarkan satu mata uang ke mata uang lainnya karena beberapa alasan. Sederhananya, Forex adalah tempat jual beli mata uang secara virtual.

We can gain value from the exchange rate.(since there is constant fluctuation between the currency value of the various country’s due to varying supply and demand factors, such as interest rates, trade flow, tourism, economic strength, geopolitical risk). Just like any other form of speculation, you want to buy a currency at one price and sell it at a higher price or sell a currency at one price and buy it at a lower price. that’s how we make money in Forex.

Kita bisa mendapatkan keuntungan dari fluktuasi nilai mata uang satu dengan lainnya. (adanya perbedaan permintaan dan penawaran akan mata uang suatu negara karena suku bunga, neraca perdagangan, kekuatan ekonomi dan politik suatu negara berbeda-beda). Seperti biasa, anda coba membeli mata uang suatu negara karena berharap nilainya akan naik terhadap rupiah, dan menjualnya ketika harganya sudah merangkak naik. Atau anda bisa menjual saat harga tinggi dan membeli saat harga turun (saya akan jelaskan lebih detail pada artikel selanjutnya).

  • Forex offering a BIG opportunity for us, because it is the LARGEST and the MOST LIQUID market in the world!! According to the bank for international of settlement, average daily forex trading in April 2016 (most recent data available) was 5.1 trillion dollars. (it have 12 zero => $5.100.000.000.000,-).

@lewismocker, @irek.piekarski (Instagram fx Trader), you and I (@dewanggadarmaputra) are called retail forex trader. but we’re not the biggest trader. Bank (and Central Bank) is the biggest trader accounting for 24% of daily turnover. 11% for hedge funds and proprietary trading firm. pension fund and insurance companies are responsible for 11% of the total turnover.

Forex menawarkan kesempatan mendapatkan keuntungan yang besar, karena pasar uang adalah pasar terbesar didunia. Dengan perputaran uang perhari mencapai 5,1 triliun dollar. Kita sebagai trader perorangan bukanlah pemain utama dalam pasar uang. Faktanya, Bank (dan bank” sentral) adalah pelaku terbesar pasar uang, mencakup 24% dari total perputaran uang (sekitar 1 triliun dollars), diikuti oleh perusahaan investasi dengan 11%, perusahaan asuransi, dana pensiun dengan 11%.

3 Reasons Why Forex Trading is a Huge Opportunities for You (4)

  • Forex offering very FLEXIBLE time and place for you to trade. you can trade WHENEVER you want because the market is open 24 hours, 5 days in a week. There are four major trading seasons, Sydney season (Australia), Tokyo Season (Asian), London Season (Europe) and New York Season (America). Those seasons are open simultaneously and we can trade in every season of it. (that’s why it’s 24 hours).

You can also trade WHEREVER you want because there’s no central marketplace for Forex Market. It’s not like stocks where there is a central marketplace with all orders processed like the NYSE. Forex is ‘product average quoted by all major bank in the world’, and it’s counting virtually real time, so the only requirement that you need is LAPTOP and INTERNET!! That’s a great because maybe one day you can trade from beautiful Tulum in Mexico and the other day you trade from Bali Indonesia.

3 Reasons Why Forex Trading is a Huge Opportunities for You (5)

Forex juga menawarkan fleksibilitas waktu untuk trader. Anda bisa trading 24 jam dalam 5 hari kerja. Ada 4 zona waktu trading, pertama dimulai dari pasar Sydney Australia, kemudian berlanjut kr pasar Tokyo Asia buka, kemudian Pasar London Eropa buka dan terakhir pasar new york buka. Anda juga bisa sangat fleksibel dalam hal tempat, karena anda bisa trading dimanapun anda mau hanya dengan secuil laptop dan segenggam internet. hhe.. (karena semua transaksi lewat online, hanya dengan satu klik mause anda bisa membeli dan menjual mata uang). Luar biasa, ini memungkinkan untuk suatu waktu anda trading dari Tulum Mexiko dan di hari berikutnya anda trading di Bali Indonesia.

  • Forex offering SIMPLICITY, because it have FEWER currency pairs to focus on, instead of getting lost trying to analyze THOUSANDS of stocks, and it’s more simple because we just analyze MACROECONOMIC of the various countries rather than MICROECONOMICS just like in stocks options. (questions about company management skills, financial strength, market opportunities and industry-specific knowledge is not necessary for forex trading).

Forex juga menawarkan kesederhanaan, karena hanya memiliki sedikit pasangan mata uang untuk fokus dibandingkan dengan harus menganalisa ribuan saham perusahaan yang ada di bursa. anda juga hanya melakukan analisis Makro ekonomi dunia daripada harus melakukan analisis mikro ekonomi terhadap industri spesifik perusahaan, tentang manajemen perusahaan, proyeksi penjualan, kekuatan finansial perusahaan dll.

fascinating enough for you? But…

Apakah cukup untuk membuat anda lebih bersemangat tentang Forex?. tapi tunggu dulu,

The FACT you need to know that Forex also offers the BIGGEST RISK in financial investment. Yes, it’s riskier than stocks and any other investment. There is a lot of people success in Forex, but there is a lot more of people FAIL in Forex.

3 Reasons Why Forex Trading is a Huge Opportunities for You (6)

Fakta yang harus anda ketahui bahwa Forex dengan segala kesempatannya juga memiliki resiko yang sangat besar. Bahkan resikonya lebih besar dari pasar bursa saham dan lebih besar dari produk investasi lainnya. Memang banya sekali contoh kesuksesan dalam forex, tapi banyak juga kegagalan dalam forex.

Finally, forex trading is a good way to make money, but it’s just like other investment, it takes EDUCATION and PATIENCE. HABITS is the key to everything. Do the PROCESS, and success will come to you.

Intinya, Forex Trading adalah salah satu jalan untuk memperoleh keuntungan, tapi juga sama dengan produk investasi lainnya, forex memerlukan pengetahuan dan kesabaran. Jalankan proses nya, jadikan forex sebagai kebiasaan dan sukses akan menjadi hadiah yang indah dalam perjalanan nya.

Happy Trading Everyone..

#Source

http://www.learntotradethemarket.com/forex-university/introduction-what-is-forex-trading

http://www.investopedia.com/articles/forex/11/why-trade-forex.asp

3 Reasons Why Forex Trading is a Huge Opportunities for You (2024)

FAQs

What are 3 benefits of using the forex? ›

Foreign exchange (forex, or FX for short) is the marketplace for trading all the world's currencies and is the largest financial market in the world. There are many benefits of trading forex, which include convenient market hours, high liquidity and the ability to trade on margin.

How can forex trading help you? ›

Forex trading can allow you to speculate on changes in currency prices in the global market. Forex can also help you diversify your portfolio and is available to trade 23 hours per day, Sunday–Friday, allowing you to respond to changes in global market conditions even when the stock market is closed.

What is so special about forex trading? ›

Compared with any other financial market, the forex market has the largest notional value of daily trading. This provides the highest level of liquidity, which means even large orders of currency trades are easily filled efficiently without any large price deviations.

Why do I want to trade forex? ›

Forex trading gives you the opportunity to trade a wide variety of currency pairs, speculating on global events and the relative strength of major and minor economies. With IG, for example, you can choose from over 80 currency pairs, including: Major currency pairs, eg GBP/USD, EUR/USD, and USD/JPY.

What is the rule of 3 in forex trading? ›

The Rule of Three allows us to view the market with a new set of eyes. Spotting pull backs, trend reversals, invalid vs valid price break outs. As we won't receive privileged information, we can at least have a greater percentage to align our positions with larger institutions and trading firms.

What are forex pros and cons? ›

Like other markets, the forex market also has advantages and disadvantages. An investor should be aware of them. Easy accessibility, low investment requirements, and high leverage are the top advantages of currency trading. However, market volatility and counterparty risk are the major drawbacks of forex trading.

Can forex make you successful? ›

Anyone can make money in the forex market, but it requires patience and following a well-defined strategy. Therefore, it's important to first approach forex trading through a careful, medium-term strategy so that you can avoid larger players and becoming a casualty of this market.

How are forex traders successful? ›

The key to success in the forex market is to specialize in the currency pairs that trade when you're available and to use strategies that don't require around-the-clock monitoring. An automated trading platform may be the best way to accomplish this, especially for new traders or those with limited experience.

Is trading forex a skill? ›

So to answer the question, Yes, Forex trading is a digital skill, and not just that it is also a high-income skill. However, at the same time, if you only consider Forex trading as a digital skill, there is more probability you won't achieve much in it.

What is most important in forex? ›

The significance of the bid-ask spread

The bid-ask spread is very significant in forex trading. It is essentially the difference between the lowest sell price and the highest buy price. A higher spread may indicate lower liquidity, and vice versa. So, keep an eye on the spread and plan your trades accordingly.

Why is forex more profitable? ›

In general, more liquid markets offer better opportunities for making profits. Forex trading is known for its high liquidity, with the major currency pairs having tight bid-ask spreads and high trading volumes. This allows traders to enter and exit positions quickly and at their desired price levels.

How to turn $100 into $1000 in forex? ›

Your $100 will become $1000 to purchase this stock if you use a leverage ratio of 1:10. In this instance, you contribute 10% of the total trade amount of 100%, with your broker covering the remaining 90%. If you are looking for a trustworthy and reliable Forex broker then you should try HFM.

Can you make a living trading forex? ›

Now, it's not to say that trading Forex for a living is impossible; it is certainly attainable, but it usually requires getting knowledge and experience, as well as opening huge accounts with hundreds of thousands of dollars in size.

How do you make money on forex trading? ›

An investor can make money in forex by appreciation in the value of the quoted currency or by a decrease in value of the base currency. Another perspective on currency trading comes from considering the position an investor is taking on each currency pair.

How much money do day traders with $10000 accounts make per day on average? ›

With a $10,000 account, a good day might bring in a five percent gain, which is $500. However, day traders also need to consider fixed costs such as commissions charged by brokers. These commissions can eat into profits, and day traders need to earn enough to overcome these fees [2].

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