We are at your service with another course from Dreamer Company, called Forex Market Training.

Hello, good morning; I hope you are doing well. We are at your service with another course from Dreamer Company, called Forex Market Training. I hope by learning this course, you can make very good profits from this market. We begin this course with a famous quote from Lincoln, who was once President of the United States. Lincoln says that if I have six hours to cut down a tree, I will spend four hours sharpening it. Many people work with an ax and work very hard, unaware that they must spend time training, learning, and sharpening their ax. Training is sharpening the ax in the best possible way, so in the first step, I congratulate you for deciding to participate in this Forex training course and sharpen your ax. Well, in this course we are going to have an overview of the types of markets and what are the features and advantages of financial markets. Get acquainted (gain, obtain) with present-day techniques that came from Financial Markets. Well, we start our discussion today by introducing different types of markets. Traditional markets and capital markets As you know, traditionally in different countries, we have had different markets since ancient times, for example, many years ago we had a commodity market or the same commodity. The commodity market is the market in which the producer produces his product, and after passing through intermediaries, it finally reaches the consumer. The metal or metal market, where the markets gather every morning, sets a price for metals, which determines the price throughout the country. The energy market, which is the market in which oil is traded. Precious metals market A market like the gold and silver market. The stock market is a market in which the stocks of various companies are traded, and finally, we come to the currency market, which is traditionally limited to domestic savings. From now on, I want to introduce you to the financial markets that trade in a modern and up-to-date world in London, New York, Chicago, Tokyo, etc. These are popular markets where metals, stocks, and currencies are traded, and you can operate in this market, but the most famous currency market is the one you have probably heard over and over again called Forex or Foreign exchange, which today is something around the top. Six trillion dollars is the trading volume of this market. So what are the advantages of this financial market over the traditional market? First of all, these markets are 24-hour markets, which means that it is possible to trade at any time of the day or night, while in the traditional market, you can finally trade between eight and ten hours. Second, transactions are based on credit or credit, which you receive from the broker. A broker of a company or financial institution that allows you to buy and sell in this market and executes your buy and sell orders, which can give you credit up to one hundred times your capital, i. e. , you can trade up to one hundred times the money you entered the market. This is a two-way street and increases both your profit and loss, which we will talk more about in the following sections. I would say that the broker does not gain anything from our profit and loss, and the main source of income for the broker is the trading fee that we do, just like a real estate firm, but why does the broker give us 100 times more credit because he loves our eye? Certainly not because we do bigger deals and pay more. The third advantage of this market is the profit in both directions of the market. It does not matter if the price goes up or down; we can make a profit in both directions, positively or negatively, provided we analyze it correctly. For example, in the upward trend of buying on the floor and selling on the ceiling, and in the downward trend with selling on the ceiling and buying on the floor, we get a profit for the difference between these, and finally, when we summarize these advantages, we see that we have three times more time We trade more, and we trade in both directions, so we have about six hundred times more potential to make a profit than the traditional market, but it depends on the power of our analysis how much profit we can make from it. What we are seeing in this period is how to learn how to analyze in this market and how we can increase our profit. So now, how do we connect to these markets, and how can we use them? In the first step, we have to open an account with a broker, but several issues are very important for choosing a broker. The FCA is the body that oversees the activities of Forex brokers to protect users' capital. It can be a scam if the broker is not under FCA supervision. The second issue that matters to us is what platform does that broker offer? Most brokers offer the MetaTrader platform, and well this is my suggestion; otherwise, the Web base platform can be good too. The third issue is the overnight charge of that broker. Overnight charge of the money that you have to pay if your transaction is open at night and you have not closed before. Brokers City index, IG index, CMC market, ICM capital are some of the famous brokers in Forex. Well, friends in your capital markets in two ways. You can analyze the first method of fundamental analysis, which examines macroeconomic topics, and the second method of technical analysis, in which we review the chart or the same price chart. In this training course designed by Dreamer Company, we will teach you both of these so that you can increase the accuracy of your analysis and increase your chances of making a profit. But how is the fundamental analysis done? In the first step, we must examine the economic factors and financial statements of companies. For example, to analyze the dollar, the factors that are important to us are US interest rates, US unemployment rates, exports and imports, and US inflation. Or what were the last words of the central bank governor? And other issues. And in the next step, we have to find the real value of that asset or the asset we want to invest in. We have to recognize the real price and its real value relative to the market price. For example, how much is Coca-Cola stock worth if it is worth five hundred dollars now but traded in the market for six hundred dollars, then this ceiling will certainly fall, but each analysis in this market has its advantages and disadvantages and now what are the advantages and disadvantages of fundamental analysis? First of all, this analysis is a very good way to value assets, but the problem is that it does not tell us in terms of timing when that growth or decline is going to happen, and then that people can understand it well and realize that the previous background and Have a background in accounting and economics, otherwise people will use more technical analysis. So what about technical analysis? The basis of this type of analysis is primarily statistical discussions and probabilities? For example, the price of an ounce of gold in the world market is currently trading at 1, 800 dollars, and the floor that can be seen is 1, 700 dollars, and all people agree on this issue, and when the price approaches the range of 1, 700 dollars, the pressure It creates a lot of purchases and increases the price. The second issue is the discussion of market history. For example, the price of an asset has never been higher than a certain number, so whenever the price reaches that level, the selling pressure increases until the price goes down again because the market expects the price never to be higher. Do not wait until after a few attempts to cross this area and the fall finally registers its new historic roof. Of course, let me open a parenthesis that you can also benefit from these losses. Our next discussion is psychological or psychological factors, that is, psychological factors that affect the market and cause prices to go up and down, and we are looking for these factors in technical analysis. Technical analysis is generally based on the analysis of charts or graphs, which means that we do not do much in this analysis that the US interest rate has risen or fallen, we expect that change in US interest rates will show its impact on prices, and we have this price on Charts We see that everything that happens in the market has an impact on the chart, and when we analyze the chart, we consider all the different factors. That is to say, and you may be wondering whether we have real ownership of a market share when we are buying or selling it. There are different contracts in this market; in some of them, yes, we are the real owner of that share, and in some of them, no. If you are the real owner, you will receive an annual dividend, but you will have to pay tax on that dividend. But if you do not have real ownership, you will not receive an annual dividend, so you do not need to pay taxes. Well, we come to the types of trades in this market. In terms of time, we have two types of trades: proof and futures. Proof trades or moments of the same name, as the name implies, you are not going to guess what will happen to the price of that ceiling in the future. In another year, you will sell it at that moment at the price it is, and you will receive your profit or loss difference. But in futures trading or futures trading, you do not have a share in the current price, and you are going to do that in the future of that trade. For example, if your analysis is that the price of that share is going to increase in the future, then you are buying, and if your analysis is that the price of that share is going to decrease in the future, we will open a sell deal and receive our profit or loss after closing the deal. You can talk more about this topic below. Types of transactions in this market are divided into several categories in terms of the type of contract. The first case is CFD or Contract for different contracts. In this type of contract, the difference between our buying and selling transactions is the amount of our profit or loss, but the important point is that we have to pay tax or the same tax in this type of contract. They are similar to the first case, except that we do not pay tax or the same tax in this type of contract. The third type of contract is binary options contracts, which are made solely for entertainment, and the broker that offers them is not under the auspices of the FCA and is illegal. Absolute binary contracts are designed to make you a loser. Please never trade in these contracts, and if you trade, do not see it as an investor. In this contract, you only have to guess that in the future, for example, within the next hour, the price of that share will rise or come down. If you win, it will give you 70% of your capital, but it will take 100% of your total money if you lose. For example, if you open ten trades in which the winner in five of them and the loser in the other five and you have involved one hundred dollars of your capital in each trade, you will earn three hundred and fifty dollars from the five trades you won, but in those five When you lose a deal, you lose $ 500. So, in the end, you lost one hundred and fifty dollars. The last issue we want to talk about today is how to prevent our losses in this market? There are two techniques for doing this. One is the risk management technique and money management technique. There are tips for performing these techniques that I offer at your service. First of all, you never lose more than one percent in a trade. For example, if we are going to involve a thousand dollars of our money in a transaction, we should not lose more than ten dollars in the transaction. The second point is that we only trade in situations where the amount of profit that we think this trade gives us is at least three times greater than the amount of loss that we can accept. The ratio of our risk to the profit we make is higher than three. This means that if, for example, you enter a trade with a thousand dollars and that trade does not go according to your analysis, you are supposed to lose ten dollars or one percent, and if you progress towards your analysis, you should make at least thirty dollars or three times the loss. When you do this, even if you lose ten of your 20 trades, you will still make a profit because ten of the trades you lost will cost you ten percent, but the ten trades you made will cost you thirty. Percentages make a profit, so in total, you are still twenty percent profitable, and in the end, always remember that even the biggest traders in this market make a loss, but the important point is that their losses are much, much less than they make a profit. In this course, you will learn how to use these tips to increase your profits and reduce your losses. Just remember that in this market, there is always an opportunity; there is profit and loss. Well, we have reached the end of the first part. Thank you very much for being with us so far. We hope you can make the most of what you have been taught in this part until the next part of this chapter.