Learn How to. Trade in. Ten Minutes

Transcription

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2 ! Warng about High-Risk Investments Foreign Exchange (Forex) and Contracts for Differences (CFDs) are extremely speculative markets. This means that they have a high risk level and, therefore, might not suit all vestors. Before you undertake any transactions these markets, you might want to consider your level of tradg experience, what you hope to achieve from tradg and how much you are willg to risk. It is possible that you might lose everythg you have vested. Because of this, NewTradeFx does not recommend that you speculate funds that you cannot afford to lose, either part or total. If you are not an experienced trader, you should make yourself aware of all the risks associated with tradg and, if you have any doubts about riskg your capital, you should contact an dependent fancial advisor for advice. Any tradg ideas, market reports or other formation provided by NewTradeFx are tended for you to formulate your own tradg decisions. Such formation can no way be construed as advice. NewTradeFx makes no guarantee as to the accuracy or completeness of any formation provided and takes no responsibility for any loss of profit, which might occur as a result of relyg on such formation. 2 Trade 3

3 Trade! NewTradeFx s Trade e-book is designed to give you all the formation you need to beg tradg ten mutes. Usg this simple guide, you will learn the fundamentals of how to trade on the Forex market and how to become a successful trader. Carry on readg to learn how NewTradeFx can help you take your first steps onto the Forex market. What is the Forex Market? Forex, or sometimes FX, is basically shorthand for Foreign Exchange. The Forex market operates 24 hours a day on a global scale and is a marketplace where world currencies are traded. With over 4 trillion USD beg traded on a daily basis, Forex is the largest market the world. 4 Trade 5

4 Why should I be terested Forex? The Forex market is one of the most reliable and rewardg tradg places the world. Because Forex is so big, one stitution or country group cannot control it. This means that you can rest easy the knowledge that you will be gettg the fairest prices on the market. You can trade whenever you want because Forex operates 24 hours a day Forex is one of the most flexible markets available. In other markets, such as the stock exchange, you need to wait for the market to be ripe before you can make a transaction. Forex enables you to make transactions at any time, no matter what the market s dog. You will always be able to profit from current market conditions, basg your vestments on which currencies are gog up and which are gog down. Forex is one of the most transparent markets. The critical formation you need about the market to make transactions is available to everyone. Forex is a level playg field where everyone has access to the same essential data. 6 Trade 7

5 How do I Trade on the Forex Market? Currency Pairs World currencies are traded pairs on the Forex market. Whenever you make a transaction you buy and sell a pair of currencies at the same time. This might sound confusg, but just thk about the last time you went on vacation abroad. You probably exchanged currency at a bureau de change. Forex works exactly the same way: you sell one currency while buyg another. Nothg could be simpler! A Closer Look Let s take a closer look at how to go about it. We ll take the followg currency pair as our example: EUR/USD. The price at which you sell the base currency is called the Bid Price and the price at which you buy the secondary currency is called the Ask Price. At NewTradeFx, we pride ourselves on offerg one of the widest ranges of currency pairs today s market. Our traders also benefit from the opportunity to trade usg a vast array of fancial struments, from commodities such as crude oil, silver and gold to trade dices offerg stocks some of the leadg world companies such as Apple, Sony and Microsoft. It s often wise to base decisions on which currency pairs to trade usg your knowledge of world events. Let s look at an example. You ve just heard on the news that the unemployment rate the United States has reduced drastically. At the same time, you learn that the amount of unemployed Eurozone countries, such as Spa and Italy, has creased significantly. This would suggest that the USD is gettg stronger and that the EUR is gettg weaker. What would be the best course of action for a Forex trader this scenario? If you believe that the USD is strengtheng agast the EUR, you would be best advised to sell EUR, which is your base currency. The currency on the left, EUR our case, is referred to as the Base Currency. The currency on the right, USD our case, is known as the Secondary Currency. 8 Trade 9

6 r What are my options? When tradg currency pairs you will always have the two followg options: Option 1 Bid (sellg a currency) If it seems likely that the value of the EUR will fall agast the USD, and the USD looks as if it will be worth more, then the best course of action is to Bid (sell) EUR/USD. When you decide to Bid, you are sellg your base currency and buyg your secondary currency. In our example, you would be sellg Euros and buyg US Dollars. Option 2 If it seems likely that the value of the EUR will rise Ask (buyg a currency) agast the USD, and the EUR looks as if it will be worth more, then the best course of action is to Ask (buy) EUR/USD. When you decide to Ask, you are buyg your base currency and sellg your secondary currency. In our example, you would be buyg Euros and sellg US Dollars. 10 Trade 11

7 What does Pip mean? Pip (price terest pot) is the term used on the Forex to describe the process of trackg ws and losses. A pip measures the amount of change the exchange rate for a currency pair. Let s look at another example to make thgs clearer. At the moment, our currency pair EUR/USD is at This basically means that our base currency, EUR, currently has a value of about $1.38. If the Euro rises by one from to (one ten thousandth), we say that the value of the Euro to the US Dollar has risen by one pip to = a rise of 1 pip We can therefore say that a pip is the smallest measure of a currency. The pip is always the last number after the decimal pot (normally four places after the decimal pot). What is Leverage and how do I use it? Leverage is a mechanism used to multiply your vestments. If you were dealg solely with the small amounts mentioned the previous example, you would never see much profit. At NewTradeFx we are proud to offer our traders a highly competitive leverage ratio of 1:200. NewTradeFx traders need as little as $100 to make a trade of $20,000 on the Forex market. Our leverage amount means that your risks are mimized while your profits are maximized. As a responsible onle stock broker, NewTradeFx offers you a range of leverage ratios to ensure that you re able to set the vestment limits that are right for you. We want you to beg, and contue, your tradg career a safe environment, with a mimum of risk. 12 Trade 13

8 What are Lots and what do they mean for me? All currencies on the Forex market are traded units of measurement known as Lots. 100,000 units of the base currency makes up one Lot. At NewTradeFx we pride ourselves on offerg our traders smaller measures, such as 0.01 Lot (1,000 units of the base currency). If all this seems too much to take, why don t we have a look at another example and try to make sense of everythg? You ve read a piece of formation that suggests the Euro will rise value, so you start buyg Euros and sellg US Dollars. You open a trade of 0.01 Lot, with the currency pair EUR/USD quoted at When you close your trade on the followg day, the EUR/USD currency pair is quoted at It turns out that your piece of formation was reliable and the Euro rose agast the US Dollar. You earned 4 pips on your trade. Well done! As we know, a sgle pip is and you bought 0.01 Lots (1,000 units of your base currency, EUR), usg a leverage ratio of 1:200. NewTradeFx always has its clients best terests at heart. Therefore, we never charge fees or commission on trades. Why not open an account with NewTradeFx today and experience what one of the market-leadg Forex companies has to offer? 14 Trade 15

9 How can I always stay on top of my trades? NewTradeFx offers cuttg-edge onle platforms to its clients. These tradg platforms offer -built tools designed to mimize your risks when tradg. 1 Stop Loss Order A Stop Loss Order is a powerful weapon the arsenal of a Forex trader. It enables you to stipulate, advance, the maximum amount you are willg to risk on a trade. You don t have to be constantly logged to the tradg platform to check market rates. Your Stop Loss Order means that your trade will be closed as soon as the traded currency goes below a certa market rate. Maximum convenience, mimum risk for you. 2 Take Profit Order Geared to help you manage your risk, a Take Profit Order enables you to take your profits automatically when the Forex market reaches a predetermed level. With a Take Profit Order, you can rest assured that you re protected from any sudden reduction the price of your traded currency. You don t even have to be logged to the tradg platform. 16 Trade 17

10 Where can I learn more about the Forex market? NewTradeFx places a multitude of user-friendly resources at your fgertips to make sure your trades are successful from day one. A demo account that offers you the opportunity to hone your tradg skills with $100,000 of virtual money. A learng center packed with tutorials, e-books, tradg platform tours and a lot more. always have the latest formation on the Forex market. Personalized coachg tradg strategies from an experienced Forex professional. Market-leadg tradg platforms designed to provide the optimal tradg experience for begner and expert traders alike. Customer support the language of your choice, 24 hours a day, 7 days a week. Webars led by experienced NewTradeFx professionals, offerg trag geared to novice traders. Our daily market reports will ensure that you 18 Trade 19

11 Why choose NewTradeFx to trade on the Forex market? NewTradeFx prides itself on providg the optimum tradg experience to its clients. Just look at the wealth of features offered below. Instant Access Trade from any one of your ternet-connected devices, anywhere the world. Move seamlessly between your desktop computer, laptop, tablet or mobile. Wealth of Currencies Leverage up to 1:200 Maximize your profit while mimizg your risk. Unbeatable Spreads Rest assured that you are receivg some of the best rates on today s market. Multilgual Boost your profit usg our powerful platforms that allow you to trade the language of your choice. Commission and Fee Free Benefit from our pledge that you will never have to pay a fee or commission. Trade with an unparalleled range of currency pairs. We currently offer up to 30 pairs for you to trade. 20 Trade 21

12 How can I beg tradg with NewTradeFx? It s quick and easy to open an account with NewTraderFx. Click on the lk below to choose from one of our user-friendly accounts. 22 Trade 23

13 Trade! NewTradeFx s Trade e-book is designed to give you all the formation you need to beg tradg ten mutes. Usg this simple guide, you will learn the fundamentals of how to trade on the Forex market and how to become a successful trader. For more formation pleas visit Carry on readg to learn how NewTradeFx can help you take your first steps onto the Forex market. Contact US support@newtradefx.com Tel: Learn How to Trade