Why the Chinese don t do foreign exchange is not a waste

It is very important to speculate on foreign exchange at the beginning, choose a regular platform and add your own tempering, and you may soon be profitable. Vice versa.

The world's platforms are proud to be regulated by the British FSA, because the British financial industry originated at the earliest and has the strictest laws. **Shang recommends choosing their regular first-class ** business, so that there is no commission, and the funds are also guaranteed. There are indeed many new platforms now, but whether they are formal or whether they can withdraw funds still needs to be considered in many places.

First of all, China's foreign exchange business, you can buy and sell after opening an account in a bank, it is legal, but because of low leverage, the income is very low, online account opening is a variety of trading abroad, foreign leverage is high, high returns, but our country prohibits foreign investment, is a gray area, and most of the online account opening is fraud, eyes should be brighter! And investing in forex requires a very high level of expertise, which is not as easy as you think.

The difference between foreign exchange margin and **.

Forex margin trading has many advantages that are incomparable:

1. **Can only be traded during a specific period of the day, generally from 9:30 a.m. to 4:00 p.m.

Especially if you still have your own job, then you will be faced with a dilemma - either give up your job or quit trading. Margin trading, on the other hand, is available 24 hours a day, 5 days a week, and you can devote yourself to margin trading in your spare time.

2. There are hundreds or thousands of them, so it will be a difficult thing to pick stocks. In the forex market, currency pairs are very limited, which allows you to concentrate on these currency pairs and catch their pulses quickly.

3. The trading volume of ** is much smaller than that of the foreign exchange market, banks, investments, companies and other financial institutions. Therefore, no matter how many individual investors participate in the foreign exchange market, the impact on ** is minimal.

4. Another disadvantage of ** is that in a bear market, investors cannot do anything, but only **. The vast majority of investors can make a profit when the economy is booming, but economic development is alternate, and when development is replaced by recession, investors can only hold their positions. In the foreign exchange market, whether the economy is developing or declining, investors can make a profit, which is the short mechanism of foreign exchange margin.

Because the state has not completely opened up the foreign exchange market, and the spread of the bank's foreign exchange business is too high, it is only those companies or individuals who earn foreign exchange that are willing to do it.

Unofficial The world-renowned TMG company is the world's largest financial derivatives investment company and dealer, owning almost all the world's exchange seats or holding exchange shares. Its data comes directly to the exchange, so it is very timely, stable and accurate. The trading variety is also very rich, in addition to foreign exchange, you can also trade ** international ** US dollar index, and the spread is also very low.

The TMG platform has both the most regulated UK regulatory license and the Australian regulatory license. As a regulated member of the UK FSA, you enjoy the UK Investor Protection Scheme (FSCS), so the safety of your funds is fully guaranteed.

Because foreign exchange funds are going to go abroad, it is equivalent to investing in foreign markets.

Now China has no say on the world stage, and what it has done is even more wasteful.

Banks have also done foreign exchange business, which is deficient in management and income, and was banned by the state after being banned and is now in a gray area.

Because of a definiteForeign exchange reservesIt is an important means for a country to carry out economic adjustment and achieve internal and external balance.

When international receipts and expenditures are in deficit.

, the use of foreign exchange reserves can promote the balance of payments; When the domestic macroeconomy.

When there is an imbalance, when the aggregate demand is greater than the aggregate supply, foreign exchange can be used to organize imports, so as to adjust the relationship between the aggregate supply and the aggregate demand and promote the balance of the macroeconomy. At the same time, when the exchange rate fluctuates, foreign exchange reserves can be used to intervene in the exchange rate to stabilize it. Therefore, leasing and copying foreign exchange reserves is an indispensable means to achieve economic equilibrium and stability, especially in economic globalization.

This is especially true when one country's economy is more susceptible to the economies of other countries.

Generally speaking, the increase of foreign exchange reserves can not only enhance the ability of macroeconomic regulation and control, but also help to maintain the credibility of the country and enterprises in the world, help to expand the international market, attract foreign investment, reduce the financing cost of domestic enterprises, and prevent and resolve international financial risks. The appropriate level of foreign exchange reserves depends on a variety of factors, such as the status of imports and exports, the size of external debt, and the actual utilization of foreign capital. Foreign exchange reserves should be kept at an appropriate level based on the benefits of holding them, the comparison of costs and the situation in these areas.

Compared with the first foreign exchange in terms of trading mechanism, there are many advantages, of course, if it is good now, you can learn foreign exchange while doing stock dry eggplant tickets, because after all, there is a bull and bear market.

Advantages of Forex Investment:

Defeat is lost(1) The investment target is the national economy, not the performance of listed companies.

2) Foreign exchange is a bilateral transaction, which can be bought up or sold down, which can avoid the restrictions.

3) It can be traded on margin, and the investment cost is light.

4) The trading volume is large, and it is not easy to be manipulated by large investors.

5) T o Transactions.

6) Be able to grasp the magnitude of the loss (set a stop loss) and not incur a greater loss because there is no buyer or seller to take over.

7) 24-hour trading, buying and selling can be carried out at any time.

8) High rate of return on interest (** dividends are only paid up to four times per mining year, while foreign exchange is a daily interest rate if investors hold high-interest currency contracts).

Foreign exchange is a creditor's right that can be used in the event of a deficit in the balance of payments held by the monetary administration (**bank, monetary management agency, foreign exchange leveling ** and the Ministry of Finance) in the form of bank deposits, treasury bills of the Ministry of Finance, long-term and short-term bonds.

Foreign exchange is needed for national foreign exchange reserves, foreign travel, and education.

Exchange Rate Trivia Why should you learn about Forex?

Not only foreign exchange, but also trading such as **, **, etc., are difficult to make money. As for the reason, it could come from several aspects:

First, there is no understanding of the essence of trading, that is, what trading is.

Second, although they understood the essence of the transaction, they did not perform the corresponding actions well.

Thirdly, the money is not well managed, and the risk is too big to sometimes lose too much.

Fourth, in the face of the ups and downs of the market, fast and slow, you can't maintain a relatively peaceful mind to trade.

Fifth, the transaction is too simple, thinking that it is a market behavior that simply buys and sells to make money.

Sixth, there are almost no restrictions in the market, and market changes seem to be irregular, and it is easy for people involved in trading to get lost in such an environment, and the operation without routines to deal with the market that seems to be irregular and almost unlimited, and the result is almost no chance of winning.

Economic turmoil does foreign exchange, and the economy is stable. Neither is it easy to make money, and both need to take the time to learn technical analysis and understand economic information.

Difference Between Forex and **:

1 The difference in time: Forex is a 24-hour trading system. **Yes, 6-hour trading system. And it takes up work time.

2 The difference between risks: the risk of foreign exchange is relatively high, generally similar to betting, while ** is relatively small risk. Generally, 10% is considered a big loss.

3 The nature of the transaction is different. Foreign exchange is interested in the international and economic situation, and the domestic and the development of various enterprises.

4 The number of instruments traded varies. There are only a dozen exchange rates between currencies ** There are thousands of listed companies to choose from.

5 Utility software is different.

6 Forex has leverage in the middle, ** not.

Mentality, strategy, capital, and risk control have not been done well.

Because you don't have the skills to make money, it may be easy to make money in the eyes of others.

This should be analyzed from the role of foreign exchange: (1) Promote international economic and professional development. The use of foreign exchange to pay off international creditor's rights and debts can not only save the cost of transporting cash, reduce risks, shorten the payment time, and speed up capital turnover, but more importantly, the use of this credit tool can expand international credit exchanges, broaden financing channels, and promote the development of international economy and trade.

2) Adjust the surplus of international funds. The imbalance in the development of the world economy has led to an imbalance in the allocation of funds. Some countries have a relative surplus of funds, and some countries have a serious shortage of funds, and objectively there is a need to adjust the surplus funds.

Foreign exchange acts as an international means of payment, and through international credit and investment channels, it can adjust the surplus of funds and promote the balanced development of the economies of various countries.

3) Foreign exchange is an important part of a country's international reserves and the main means of payment for repaying international debts. Like the national reserves, it is a national reserve asset that can be used to pay off debts in the event of a deficit in the balance of payments.

If it is spent all at once, the dollar will depreciate sharply, which will further cause global economic fluctuations, and the Yankees will not agree and will exert pressure. The leader is a little afraid of the United States, but holding it in his hand is also a bargaining chip for negotiations with the United States.

Foreign exchange as a means of payment for international settlement, is an indispensable tool for international economic exchanges, to promote international economic development and political and cultural exchanges, debt relations occur between different countries, due to different monetary systems, a country's currency can not be circulated in other countries, in addition to the delivery of internationally recognized means of repayment, the purchasing power between different countries is impossible to transfer. With the development of the bank's foreign exchange business, a large number of credit instruments (such as bills of exchange) have been used internationally to make it possible to transfer the purchasing power of currencies between different countries. Promote the development of international** and capital flows.

Foreign exchange is the product of international economic exchanges. Without foreign exchange, it will not be possible to accelerate the international turnover and use of funds, and international economic, financial and financial exchanges will be hindered. The use of foreign exchange to settle international creditor's rights and debts can not only save the cost of transporting cash and avoid the risk of transportation, but also avoid the backlog of funds, accelerate the turnover of funds, and thus promote the development of international commodity exchange and capital flow.

Facilitate the adjustment of international capital supply and demand. For example, in order to accelerate the pace of construction, developing countries need to make selective use of long-term and short-term credit funds in the international financial market, and there is also a need to find a way out of the surplus funds of developed countries. Therefore, foreign exchange can play a role in adjusting the surplus and deficit between countries.

The accumulation of foreign exchange used to balance the balance of payments, stabilize the exchange rate, and repay external debts. Foreign exchange is generally controlled by the State Planning Commission, allocated to the ministry and commission, and directly allocated to local companies or other relevant units through the State Administration of Foreign Exchange, but the right to use it still belongs to the ministry or its subordinate units; Local foreign exchange, a fixed amount of foreign exchange allocated to all provinces, autonomous regions and municipalities directly under the Central Government every year, mainly used for key projects or allocated to districts, counties and bureaus without foreign exchange reserves; Earmarked foreign exchange shall be allocated and designated by the State Development Planning Commission at any time and for special purposes as needed.

Forex is the currency of one country against the currency of another.

To do foreign exchange, you need to know some basic knowledge of foreign exchange.

There are no conditions for doing foreign exchange, as long as you have the foundation of doing the best things, you can do it, and you can learn it all over again if you don't understand.

Take a look at how the simulation works for forex speculation.

Doing forex is nothing more than three aspects:

1.money management;

2.technical analysis;

3.Mentality; Mindset is the most important.

In fact, foreign exchange is not so complicated, but people's psychology is too complicated, do foreign exchange is a probability, there is a high probability of trading system, and then mechanically execute it, the key is to maintain consistency to resolutely execute, each transaction is independent, and people's psychology is always nothing more than forgetting the past, which needs to be constantly honed when it really achieves mechanical execution, it is not far from success.

If you are a novice speculating in foreign exchange or speculation, you will be given a few suggestions:

1. Choose a mainstream platform (regulated by the FSA to ensure the safety of funds).

2 Basic knowledge is necessary, it is recommended to take a look at "Introduction to Foreign Exchange Speculation" and "Analysis of Japanese Candlestick Chart Curves", which is edited by Wang Zujian, and you can also collect information on the Internet. I am a free eBook on ODL Global Forex Network ** and other forex techniques.

3 Choose a good ** quotient Preferably a first-class ** quotient. They are most afraid of your complaints, so the operation is very formal. The safety of your funds is guaranteed.

4 When trading, it is very important to set a good stop loss and control it.

5 Maintain a good mindset It's normal to make a profit. The platform I'm doing now is ODL, and I've been doing odl for about 2 years. You can go to learn about ODL Global Jinhui Network, which is the first-class business of ODL in the Asia-Pacific region.

Mostly regular, nothing happened. (Note: You also need to know some basic knowledge of foreign exchange.)

That's right. If you are a newbie, you can register a forex demo account first, and first register for free to play. Look at how simulated foreign exchange speculation is speculated, and slowly you will understand.