Cours de trading forex en kenya

Forex Trading in Kenya – The Basics If you are thinking about earning money without the usual hassles involved in running a business, try Forex trading. In Forex trading, transactions costs are significantly lower.

Forex trading transactions, especially in international markets, involve the use of the US Dollars. They will seize every economic opportunity that comes even when it is risky and the market is highly volatile and such are the successful Forex traders. The main secret to being successful is simulating a perfect trading strategy and being a perfect predictor of the price movement.

Beginners guide for forex trading

Welcome to Forex Kenya, the first website dedicated to forex trading in global-inform.tk those of you who are not familiar with the forex market, it is enough to say that forex stands for 'Foreign Exchange' and it represents the trading of .

That's a lot of money and a lot of time, but don't worry, there are ways to overcome this issues very easy.

Trading forex is done through a forex broker. The broker is a specialized company that creates the perfect environment for traders to take advantage of the currency fluctuations in no time.

Opening an account with a forex broker will allow you to trade on the international forex markets with huge amounts of money and make profits much faster. How is that possible? Forex brokers offer leverage in order to allow their clients to trade high amounts of money. A broker that gives you a leverage of 1: Why is the broker allowing this?

Because he knows currency markets move very slow, and in order to be able to make significant profits in short intervals of time you need to trade with lots of money. Here is another example to explain why the broker gives you leverage. In order to buy 10, Euros you need to pay 11, US Dollars. Let's say a trader buys 10, Euros through his forex broker at the above mentioned rate, and two days later sells them at 1. This is why the broker is willing to allow the trader to buy 10, Euros while depositing only dollars.

In the worst case scenario when the trade goes bad and the loss gets to dollars the broker will automatically close the trade and limit the loss to the total deposit. To make a long story short, leverage is given by the brokers in order to help traders make bigger winnings at the risk of higher losses in shorter times. That means, trading more. When you start trading, you will have to monitor changes in the exchange rate, not only between the shilling and the US dollar.

Just in case you will turn your eyes to other markets, you will have to check the exchange rate between the shilling and currencies involved in those markets, such as the EURO, the Japanese Yen, etc, as well. Currency values fluctuate on a daily basis. The ratio mentioned above will change as early as the next day. Currency value fluctuations are an integral matter in forex trading. In the above ratio example, if the next day, the ratio changes to 1: This is also saying that the shilling has gotten weaker against the US Dollar.

If the ratio has become 1: When investing your money, you would want that the shilling will grow stronger over the period of the investment, because that means profits rather than losses. So, pray for , , , and so on.

The ideal situation for you to earn money is to see that second number decreasing over the period of your investment. Continuing the example above, and given an assumption that the ratio becomes 1: A profit of The solution is with hiring a broker, who usually has good things to say to attract new traders. The broker will allow this kind of trading because he wants you to earn more money in a short period of time and because the market movement is usually very slow.

With that kind of movement, winning and losing big amounts over a short period of time is usually a remote possibility. In the worst-case scenario, he would have lost the total deposit and would be obliged to close the deal to prevent further losses. Spreads are typically low, because they are actually the fees a trader pays brokers for their services, and because there are so many brokers trying to attract potential clients with lower charges.

This is because the actual movement that the market made is pips.





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