The attractiveness of the Forex currency market.
- Par kaver_err
- Le 26/07/2022
- 104 commentaires
1) Firstly, it is the most developed market in terms of communication system. That is, through the Internet, satellite communications, etc. you can make a deal from anywhere in the world.
2) It is possible to make a deal, that is, to conclude an agreement for the purchase of a batch of currency, in a few seconds, by pressing a few keys on the computer.
3) The huge volume of trading in the market is very attractive. Why is it attractive? Because the larger the market volume, the easier it is to predict. Firstly, collusion in the market is almost excluded due to the huge number of participants. In addition, such large masses of people begin to act according to the laws of mass psychology. And, knowing these laws, it is possible to predict the reaction of market participants. And, most importantly, a large market can be analyzed by mathematical methods. We will teach all these forecasting methods to our students. Forecasting based on mathematical methods is called "technical analysis"
4) In addition, Forex is very sensitive to economic and political events taking place in the world.
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