Ultimate Health Learning Journey

So, I started of with forex, why? because I never know what it is until I attended another course by Ryan Ng

4 Ques to ask. 

What? Who? Why? How?

Let's start with what?

it is simply foreign exchange, so how you go with it? you buy the currency that predict to increase and sell the one that might drop, because currency comes in pair

Who?

90% are trading speculator!

Why?

because it is volatile n always someone ready to buy and sell!

also it is if low margin and high leverage

What is leverage? I will come to this after.

How! Hah! come the most imp ques!

you need to learn a certain strategy and understand 3 types of analysis, fundamental, technical and sentimental.

some day trader goes fr technical but they is always risk!

so here comes other ques?

what is PIP? what is spread? what is lot, volume? swap?margin level? what platform to use? wic forex broker?

well first, what is pip?

it is a point counted in percentage, in mini lot, there is 10,000 unit and 0.1volume, one pip = 1dollars 

-knowing pip in major currency measure in 4 number after dp 

what is spread?

spread is the measure of the currency per move

the smallest spread indicate accuracy and normally use by pro

what is swap?

is the interest collect by the bank, so if u put ur bet on buy on AUD/USD overnight, and it turns out that AUD/USD rate increase, your swap inc, means u earn

margin level ?

if u lose too much, >30% margin level, u will be forced to close all trade

lastly what platform and broker?

i will come to this in nxt ...