[Audio] Good afternoon everyone. Today I will be talking about the exciting and sometimes daunting world of trading in financial markets. I'll be covering topics discussing how to get started, from understanding the markets to strategies and tools you can use. Let's dive in!.
[Audio] We are going to talk about trading like a Pro. We'll begin by covering the basics of trading, risk analysis and management, and trading strategies. Understanding financial markets, fundamental and technical analysis, and the trading platforms and tools available to you are essential, that is why we'll discuss them as well. Putting all of it together will enable you to trade like a Pro. Let's begin!.
[Audio] Trading requires courage as although it can be lucrative, it carries with it some risks. To make the most out of trading, it is essential to understand the markets, invest wisely, and track trends. This guide will give an overview of the basics of trading and offer a process for how one can become a profitable trader..
[Audio] We are discussing understanding financial markets. Financial instruments such as stocks, bonds, currencies, and commodities are traded in these platforms between buyers and sellers. Investors typically buy and hold assets for the long term, while traders engage in more frequent buying and selling. Brokers and dealers play a role in facilitating these transactions. Primary markets are for the issuance of new securities and secondary markets for the trading of existing securities among investors. Exchange-traded markets have centralized locations, whereas over-the-counter markets involve decentralized trading directly between parties. Prices in financial markets are driven by the dynamics of supply and demand, and other things influencing market movements include economic indicators, geopolitical events, and investor sentiment. Lastly, retail traders are individual investors and institutional traders are entities like hedge funds and mutual funds that manage large sums of money on behalf of clients..
[Audio] Understanding the various participants in the markets is an essential requirement for any trader. Retail traders are the base of market activity, while institutional traders with their larger trades can have a considerable effect on prices. Market makers and liquidity providers enable trading by supplying a continuous flow of liquidity and quoting both buy and sell prices, while making a return from the difference between buy and sell prices. Hedgers and speculators also make a contribution to the market climate, with hedgers managing risk and speculators taking risks in the hope of making a profit. It is also important to understand the regulatory framework in place to protect market integrity, prevent fraud, and encourage confidence among investors..
[Audio] Trading can be a tricky way to make a profit, but the correct knowledge and practice can maximize its potential. To get started, one must understand the basics, including risk management. Knowing the limit of losses is key, as is understanding the market dynamics of supply and demand. To make the most of trading, a good strategy is crucial. From trend following to scalping, there are many strategies to choose from in order to meet wealth-growing goals, risk tolerances, and time frames. Adequate knowledge of the market and the correct strategies will ensure trading is a successful method of growing wealth..
[Audio] Without greetings, without beginning with Today, and without thanks: In this slide, I'm going to be discussing two types of trading: day trading and swing trading, as well as an introduction to markets and key terms. Day trading requires discipline, focus, and a good understanding of intraday price action. Day traders open and close positions within the same trading day, often within minutes or hours, and attempt to profit from short-term price swings and news events. Swing traders hold their positions for days, weeks, or even months to benefit from medium-term price swings and attempt to identify assets with strong momentum that are likely to continue their current trend. Options trading can offer high leverage and lower capital requirements compared to stock trading. However, it involves higher risks and complexity. Traders familiarising themselves with the markets should make sure to understand the concepts and terminology. Stocks represent partial ownership in public companies and stock trading involves buying low and selling high as a company's fortunes change. Meanwhile, options are derivative contracts that give the right to buy or sell an underlying stock at a specified price. Options offer leverage but come with additional risks. Key terms to familiarise yourself with are premium, strike price, and expiration date. I hope this short overview of day trading, swing trading, and options trading has been informative and helpful..
[Audio] Forex trading provides a wide range of possibilities for traders of all skill levels. All currencies are traded in pairs, meaning that one currency is always bought or sold against another. For example, when a trader buys the EUR/USD pair, it means they are buying the Euro and simultaneously selling the US dollar. The first currency in the pair is known as the base currency and the second is referred to as the quote currency. In the EUR/USD example, the Euro is the base currency and the US dollar is the quote currency. As traders, it is our responsibility to assess the value of each currency and determine when to buy and sell. With proper assessment and practice, traders can make prudent decisions regarding when to enter or exit the market..
[Audio] Good day everyone. Today I'm going to talk about Forex trading as part of a complete noob's guide to trading like a pro. In Forex trading, currencies are traded in pairs. A currency pair consists of a base currency and a quote currency, and the value of the pair represents how much of the quote currency is needed to purchase one unit of the base currency. The exchange rate is the price of one currency in terms of another, and it's influenced by various factors such as economic indicators, interest rates, geopolitical events, and market sentiment. The bid price is the maximum price a buyer is willing to pay for a currency pair, and the ask price is the minimum price a seller is willing to accept. Market participants can enter the Forex market to buy or sell a currency pair, and leverage and margin can be used to control a larger position with a smaller amount of capital. Finally, factors that can influence exchange rates include economic indicators such as GDP, employment rates, inflation, and other economic indicators. Thank you..
[Audio] Good morning everyone. Today, we are going to talk about a subject that is of great interest to many people: Forex trading. In particular, we’ll be looking at strategies for trading in the currency markets. We’ll start by discussing some of the key influencers of currency values. Interest rates are key, because central bank decisions on interest can have a big impact on the value of a given currency. Other factors include the political stability and economic performance of the country or countries in question, as well as market sentiment and geopolitical events such as elections or trade agreements. Now let’s move on to some of the strategies used by Forex traders. Technical analysis involves analysing data related to past price movements in order to make predictions about future price movements, while fundamental analysis looks at elements such as economic and political data to forecast currency movements. Finally, sentiment analysis is a technique used to assess the overall mood of the market..
[Audio] In this slide, we will be examining different types of charts and reading financial quotes. We will be focusing on Commitment of Traders (COT) report and candlestick patterns, with the Engulfing Bar as an example. These patterns provide visual aids to quickly assess market sentiment, aiding in understanding market dynamics and traders' behaviour..
[Audio] A bearish engulfing bar pattern consists of two candles - the first being a small bullish candle, followed by a longer bearish candle which engulfs the prior candle. This suggests that the bulls have lost their control over the markets and that the bears are likely to take the lead. Recognizing this pattern helps with making informed trading decisions..
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