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Followers 1
- Gender:
- Female
- Birthday:
- 22 Nov 1981 (Age: 43)
- Home Page:
- http://t-adbar.com/_ixym&?
- Location:
- Los Angeles, CA
- Occupation:
- Forex Trader
Best Forex Signals 2019
New Member, Female, 43, from Los Angeles, CA
- Best Forex Signals 2019 was last seen:
- 19 Jul 2021
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About
- Gender:
- Female
- Birthday:
- 22 Nov 1981 (Age: 43)
- Home Page:
- http://t-adbar.com/_ixym&?
- Location:
- Los Angeles, CA
- Occupation:
- Forex Trader
As a forex or foreign exchange trader/speculator, I manage portfolios of personal investments. I assess risk and risk tolerance in relation to the investment or liquid equity in my trading account. I stay current on economic events such as trump shutting down the mexican border or the ongoing Brexit decision, because these factors cause fluctuations in the valuation of currencies between each country. Foreign exchange is basically a transaction between two countries using two different currencies to purchase goods and or services. When one economy or country has a higher or lower growth rate, it causes fluctuations in the valuation of the value of currency between these two countries.
For instance, If you were to visit England from the United States, you would have to exchange your currency for pounds. So you would convert your money into pounds and be able to purchase goods and services within that country. This is based on a free float system that replaced the Brenton Woods system in the early 1900's that utilized Gold to back up our paper notes. They called it "The Gold Standard". What happens in the free float system is when one country's economy has lots of economic growth IE; imports, exports, high employment rates, low unemployment rates, low housing costs or growing housing costs with growing minimum wage and median income then this causes fluctuations in the value of the currency. The gold standard would value our paper notes based on how much gold we have in reserves. AKA Fort Knox.
What i do as a trader is assess the valuations of currencies between countries and i make an educated guess based on economic growth between countries as well as technical details such as price patterns, volume increases, liquidity and volatility in the market. I have the option of manually inputting my trades into the market or automatically with algorithms that i designed myself. The forex market prices are consistently changing every single day and so you can speculate in this market just like the stock market by investing in one country's currency and either you can wait for an appreciation in the instrument or depreciation in the market as well. Unlike stocks, forex allows you to buy and sell in any instrument.
With this, if i purchase Euros against Dollars, i would be speculating that the European economy is growing at a faster rate than the United States in that moment or within a week or two weeks, etc. If i'm buying or going long in that currency, and the price appreciates in value, then i make a profit. There's obviously way more detail to this than that, and it would take me forever to explain.
In a nutshell, I assess risk, Market conditions including the amount of volume entering the specific currency in that moment, volatility of the markets as well as liquidity within the instruments being speculated. I assess these things and make a decision as to whether i should buy or sell the instrument.
Recently in the past two years i discovered automated trading using algorithms or robots to trade for me. However it does not make decisions based on it's own logic. I manually input the settings and modify the strategy myself by hand before allowing the algorithm to carry out specific functions that i have specified. I used my newly found knowledge to design Assar Elite Pro Forex Scalper V10 which is one of my series of forex robots. I've sold it for the past two years earning something around $11,000 in 12 months. I've done so much research and hacking in the markets, not hacking in a bad sense but hacking in the sense of troubleshooting or due diligence. I've done this for many years, I've been trading for 10 years and i've had to learn economics in every sense of the word. I've studied how bonds work, stocks, fixed income, treasuries, IRA's, foreign exchange, as well as how banks operate.
I've also had to study how the US government works as well as the different branches of government including Legislative , Executive, Judicial, Federal government, Central banks and Law enforcement regarding finance within our country as well as up to 20 different countries around the world. I've studied the economic machine to such a great extent as to understand how interest rates are determined, stimulus programs, and all of the flash crashes, depressions and recessions and how it affects the entire planet.
I use all of this information to make an educated guess as to where the value of price will go next.
As a business, i educate new traders as well as experienced professional traders on the subject of research and development into new strategies as well as educating people on the fundamentals and technical details of the foreign exchange market, banks, brokers and how they operate. As well as how to properly manage risk when investing in these markets.Interact
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