Forex, an opportunity to invest from home

Know what this financial activity consists of and what you should keep in mind if you want to enter this market. 

Every day more people are interested in making online investments. And this, not only because of the ease offered by the new platforms to do so, but also because of the profitability it generates for users. 

In addition to trading, which consists of trading or speculating in financial markets, there is a new trend that is moving and is the Forex. 

Forex is the acronym for Foreign Exchange, which is also known as the currency market. To be a little clearer, this activity involves buying and selling coins worldwide. 

According to Marcelo Granada, Forex analyst, this market is decentralized, which means that the operations do not happen in a single part, but on the contrary in the whole world at the same time Thousands of transactions are being made. 

"For example, a central bank can do business with another central bank. Meanwhile the Bank of the Republic makes a negotiation with Bancolombia, and on the other hand, I am buying dollars in a house of exchange. This means that everywhere business happens at all times, "explains Granada. 

Another characteristic of this market is that it is fluctuating and its prices vary from point to point. An example of this is the Market Representative Rates (TRM) since these change according to the country in which it is being negotiated. 

Finally, it is also highlighted that Forex is a 24-hour market, that is, all the currencies of the world are fluctuating all this time. 

HOW IS FOREX MADE?

As well as trading, the Forex is carried out through a platform that allows investors to know what the interbank prices of the different global markets or the Central Banks are. 

Why, that whoever makes this type of transaction has access to the best market prices and take advantage of fluctuations. "Let's say that the dollar will be higher, for example, because the interest rates in the United Kingdom after ten years rose again. In this panorama we analyze that news, and what we could do is to invest downwards in pound sterling or buy dollars with sterling, which is the same, and we earn everything that the currency goes down, "explains Granada. 

To make this movement it is necessary to take into account three key concepts.The first is the parities: and this is the confrontation between coins , one that is the foundation and another is being negotiated on. 

This indicates the relationship that exists between the two currencies, that is, what must be delivered from one to receive a unit of the other currency. 

The next concept is the broker: this is a financial entity or institution that organizes transactions between a buyer and a seller; It is also essential to perform the movements since it is the entity that will open the doors to the foreign exchange market. 

In these, anyone with 100 dollars or more can enter their money and this, in the case of Forex,It will give you an operation platform where you can see the graphs, read news and the processes of your transaction. 

"The broker what he does is give one the technology so that one makes trading and this one earns a small commission known as a spread," says Granada. 

And here we come to the third concept that must be taken into account when entering the world of Forex. The spread is the difference between the purchase value and the sale value of a currency. This amount is what is given to the broker for each transaction that is made. 

TIME

Marcelo Granada also mentions that Forex transactions can be very short-term (minutes and hours) or long-term (days, weeks or months). Additional notes that the time a person must invest to track their investments is inversely proportional to the delay of transactions. 

"That depends a lot if the person wants to make short-term, five-minute or one-hour transactions. For these cases, a lot of time must be devoted, because one must be attentive to the screen to know, for example, when to leave, "explains Granada. 

Contrary to this, if the movements have a delay of one week, you can spend an hour a day. "Even so, you always have to spend time. It's a job and you can not invest and leave things without a follow-up, "says Granada.

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Is It Possible To Live Forex?

There is no market that attracts more willing investors to live trading than the Forex. I like many investors I wonder Is it possible to live Forex? , I imagine if possible, although I do not know if this will be possible directly or indirectly. Let me explain: 

Many traders who invest in Forex or other markets, not only do Trading, they also sell their trading ideas or their knowledge, to complete their income. That for me that is live Forex, but not live trading. 

A day traders love the Forex, simply because the Forex is a market that works 5 days a week for 24 hours, for all who aspire to live Forex, or live trading, this idea sounds like celestial music: practically uninterrupted possibility of being able to do operations in the market. 

There are many Forex traders who claim that it is possible to live Forex, the problem is that the market usually devours most small investors before being minimally profitable. After three years, few investors from which they started are still trading , this is proof of how difficult it is to achieve profitability. 

As an investor I believe and affirm, that you can make money with the Forex , or with any other financial asset, but the really difficult thing is to live Forex or Trading in general.

I am skeptical by nature and somewhat suspicious, because the traders who are supposed to be profitable and have managed to live the forex are the ones that also sell us something: whether trading courses, trading signals, books, etc. 

Come on ... I know a few traders who claim to be profitable within the Forex or Day Trading in general and also do not want to sell me something. It may be that at some point they want to share their knowledge, if it is true that many of those who invest in markets, feel a little indebted to all who have taught them something, and teaching is part of share something gained, but ... you can expose the knowledge for free, 

Leave a stable job, to live Forex

One of the great motivations that have those who want to live Forex, is to leave a job that they are not passionate about and in which they are trapped. 

Trading offers promises of freedom, which can not be given any other activity. 

You can trade in Forex from anywhere in the world , you just need an Internet connection and an Online Broker to operate, that simple and easy. 

Such a wonderful life, near a paradisiac beach, on the edge of a swimming pool or doing cultural tourism around the world, is what the Trading industry really sells to us. 

True, we could live like this. In theory everything is possible, but you have to know that the reality is much harder, at least reconsider enough, before leaving a stable job.

What do we really need to live Forex?

If I had to demand two fundamental premises, in order to live Forex, I would say that the essential would be:

Be profitable on a regular basis

Let's overlook all that is training. If we want to live Forex, we must have passed the knowledge stage, it is necessary to be in possession of the necessary knowledge to operate: technical analysis, fundamental, psychological control, Trading systems, risk management, capital management ...

All these knowledge can and should be had, but with knowledge alone is not enough. 

You have to be profitable on a recurring basis. 

And I'm not referring to one month earning money and another not. Invoices arrive every month. 

Every month you have to pay for water, electricity, telephone, housing and you have to eat. 

You have to be profitable, andthat profitability has to be sufficient enough to cover our needs . And this leads me to the second premise:

Have a Proper Trading Account

The best investors in the world, speak of annualized returns of 20% . How much is an annualized return of 20%, translated to profitability-month? 

Do not try, if your profitability a month, is 2%, you would need to be in the disposal of an account of 100,000 €, to get 2,000 € month. 

I will not go into details, because Trading in Forex, is a very leveraged Trading . The accounts are on the margin, and you may be able to get higher returns, even starting from smaller accounts. Although the danger of leverage is in forcing the machinery, and we end up bursting in the face.

Forex live is more work

If you decide to live Forex, in the end you will be a more salaried, but with the problems that all the autonomous. 

When you depend on yourself, your effort and profitability, you can find that there are really complicated situations: that you are sick, that you do not have access to the Internet (if you travel), that the market changes and your profitability goes down. 

There are so many problems that you can find, that I understand those traders who decide to supplement their trading income, with additional ones. 

Living Forex can be exciting , but it does not have to be easy.

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Binary Options: Scams to Avoid

Let's start by explaining what binary options are (those who already know what they are can skip this part) and then what is a scam and why binary options and scam have ended up being two frequently associated terms. We will name the major scams that unscrupulous brokers (fortunately less frequent), as well as a list of honest and regulated brokers that guarantee that their traders do not have any bad surprises.

Binary Options and Scams: Easy Money Bait

Binary options are a simple and accessible financial instrument that allow you to lose or win very quickly. The idea of ​​making money fast on the Internet attracts many netizens, and therefore also malicious brokers ... Let's define these terms to see it more clearly.

What is a binary option? 

Options are types of financial contracts. Investors, or "traders" who practice them, call it "trading options." The number and complexity of the options available in the market is very important and varies completely from one contract to another. Think of the options called "binary", which for some years have been accessible to any particular on the Internet: we speak of " binary online option ".

Binary options are probably the simplest and most accessible form of investment for Internet users. As the name implies, it is a "binary" option, that is, it can have two possible outcomes at the end of the contract. It automatically closes when the expiration time is reached: it is then spoken of expired contract. At this time, either the contract objective is reached and the bearer takes a profit whose amount has been predefined at the time of opening (it is also spoken of rate of return), or the target is not reached and the owner of the option suffers a loss of which a percentage of the amount of the initial investment is returned (it is then spoken of loss ratio).

The web pages that propose online binary option trading are often called "brokers" or "brokers". These binary option brokers are numerous and offer offers, promotions, financial instrument panel, quality of execution and quality of customer service that may differ greatly from one broker to another. Some brokers, when the binary option came out to the general public a few years ago, were even accused of "fraud", "scam" or "scam".

What is a binary option scam? 

A scam is a hoax, a scam that leads the investor to error with the aid of fraudulent means. It results from an organized and surely deliberate will to deceive. 

As you have easily realized, the Internet is literally THE rotary platform of the scam: a place conducive to the development of scams and all kinds of frauds (traps, spam, deceptive methods of easy money, moneylending ...).  

The scam takes place particularly in the finance sector, where the majority are looking for "great opportunity". The greedy objectives of perfect investment (guaranteed profit, simple investment, reliable and secure ...) are very numerous: we are all part of them. 

In our case in particular, in the matter of binary options, the scam is generally to deceive you as to the profitability of the investment, to promise guaranteed profits or to ensure the professionalism of the financial advisers and brokers. 

In fact, and as we have seen previously, to invest in the market of binary options is necessary to go through the brokerage brokerage. 

We then wondered whether this speculative product was created for the sole purpose of deceiving the investor or whether it had simply been the prey of unscrupulous brokers. 

Is the binary option a real scam?

You have been able to read in the forums or in numerous articles that some even question the reliability of the binary option product.  

The binary option is a product speculative par excellence, and the term "option" does not hide that the results can be random. Anyone wishing to invest in financial markets should be aware that it is possible to make significant profits but that loss is also possible. And here is where the scam came: make believe in a guaranteed profit, a very attractive and habitual profit, such as "how to earn 7000 euros per day with our infallible method to win on the stock market."

Numerous brokers got involved in this matter, which presented the novelty of this product recently opened to individuals. But we did not want to stay here, since the attractiveness of binary options is much more important. Let's dig deeper than these unscrupulous brokers and find out how to make money without risk with binary options . 

Our best method to make money easily: the binary option, no scam

Binary options are financial investments like so many others and do not present more or less risks than other products of the markets. In fact, the markets are based on speculation and this is how thanks to this risk they report so much. 

To say that this investment is a scam would be to conclude quickly that the financial markets are themselves a great scam. Although some still think it, these markets report money and we have decided to take advantage of it. 

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Is it a good idea to invest in binary options?

The financial is one of the fields where greater innovations are appearing, a consequence of the maturity and perfection of the markets.

Within these, in recent years have emerged new products and mechanisms with which to operate and be able to make money quickly, always the result of high volatility

Binary options are an investment system in which bets on the rise or fall in the price of underlying assets that are listed on a stock market for a certain time. There are two types of system, cash or nothing, in which an amount is earned if at the option expiration it is quoted above in-the-money or otherwise out-the-money, . The other system is active or nothing, in which the value of the underlying asset can be earned.

The main characteristic of these products is that it is about predicting if the price of a good will go up or down during a specific period and there are only two options, win or lose everything, hence the name binary, and where Yields can reach 50%, 70% and 80%.

Of course, this is a high risk mechanism because of its volatility and the amounts involved and where the operations last very little time, sometimes up to a couple of minutes. Emulating a bidding system, and where the speed in the management plays a fundamental role with respect to the other agents.

In the same way, it is also important to choose a good trading platform and operations, which has the quality and legality necessary to perform operations properly:

"Whether or not it is outside the law." In all the countries (Spain also) there are official regulators that accept and homologate the operators. It is a matter of vital importance.

-History of return. It is essential to take into account the profitability and the baggage of the platform when choosing one to manage our money, such as the trading platform anyoption, 24option, Iqoption or the Anglo-Saxon Banc de Binary.

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