Funded Trading Institution – Smart Money Trading

Funded Trading Institution – Smart Money Trading

Course Detail

Salepage: Funded Trading Institution – Smart Money Trading

Course Information: Funded Trading Institution
The goal of this course is to shorten your learning curve and help you adopt the mindset of consistently profitable traders.
DISCLAIMER
There is a very high degree of risk involved in trading. Future returns cannot be predicted based on past performance. All of the features, including the indicators, strategies, columns, and articles, are only meant to be educational and should not be interpreted as offering investment advice. Affiliates of fundedtradingstitution may have a position or effect transactions in the securities described herein (or options thereon) and/or otherwise employ trading strategies that may be consistent or inconsistent with the provided strategies.

What is forex?

Quite simply, it’s the global market that allows one to trade two currencies against each other.

If you think one currency will be stronger versus the other, and you end up correct, then you can make a profit.

If you’ve ever traveled to another country, you usually had to find a currency exchange booth at the airport, and then exchange the money you have in your wallet into the currency of the country you are visiting.

Foreign Exchange
You go up to the counter and notice a screen displaying different exchange rates for different currencies.

An exchange rate is the relative price of two currencies from two different countries.

You find “Japanese yen” and think to yourself, “WOW! My one dollar is worth 100 yen?! And I have ten dollars! I’m going to be rich!!!”
When you do this, you’ve essentially participated in the forex market!

You’ve exchanged one currency for another.

Or in forex trading terms, assuming you’re an American visiting Japan, you’ve sold dollars and bought yen.

Currency Exchange

Before you fly back home, you stop by the currency exchange booth to exchange the yen that you miraculously have left over (Tokyo is expensive!) and notice the exchange rates have changed.

It’s these changes in the exchange rates that allow you to make money in the foreign exchange market.

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