Advantages And Disadvantages Of Trading
Forex trading at this time can indeed be said to be a fairly promising income broker. How not, forex trading does not require a fairly large capital. Not only that, it is not very complex in its use. As data, it is often found that the cast of forex trading are those who have been in the stock trading industry for a long time. Then, what exactly is the interpretation of forex trading? And what is the method of forex trading itself? Next, Qoala wants to share his description in a complete way.
Interpretation of
What Is Forex Trading
At this time, it
could be that many people want to say that they can express a lot when playing
forex trading. However, it is not certain to be accompanied by a deep
interpretation of the interpretation of forex trading itself, whether it is in
the field of character, excellence, or risk. In the next description, it should
be reviewed under the interpretation of forex trading that everyone should
know. Then, what is forex trading?
Forex trading or
what is also said as forex trading is trading currencies from various different
countries with the aim of making a profit. In this regard, forex itself is an
abreviation of the Foreign Exchange or can be pronounced foreign exchange
alteration. An illustration of forex trading includes buying the Euro, an
important European currency, while simultaneously selling USD, which can be
abbreviated as EUR or USD. In the shadow of ordinary people, the interpretation
of forex trading is more about the activity of exchanging money at a Money Changer,
is buying and selling foreign currencies by means of an instruction manual that
is tried through a money changer. Meanwhile, forex trading is actually
different from the user book business like in Money Changer.
Another
designation that you need to know is trader. What does a trader mean? Trader or
forex trader is a term for many people who carry out forex trading who do
business currency from various countries.
It needs to be
known, the purpose of a person to buy and sell money at a Money Changer is
because of the desire to exchange money for doing business in different
countries, as a result there is an alteration of money in a physical way. On
the contrary, forex trading is tried online with the aim of making a profit
alone. It also needs to be understood, forex trading is an activity in the
field of business, capitalization, moreover, it can also be mistaken for a job.
In global ratios,
foreign exchange or forex trading is often tried by various parties, ranging
from rulers, essential banks, multinational companies, to special individuals
who have a large number of heritage or big players. The business of buying and
selling currency that is intertwined between various parties is not intertwined
in a market with a body building, but in an invisible network that is said,
"forex market".
Along with
technological advancements, forex trading has been able to reach a larger
scope. Through the internet, forex trading today can be tried by anyone,
anytime, and anywhere. At this time, everyone can trade forex. You can also
trade forex online easily and with a capital of as little as 10 dollars.
The origins of
Forex Trading
In its history,
forex trading in the late 90s, only large crowds, large financial institutions
such as essential banks, private or ruling banks, and large profitable companies
such as Apple or Toyota took up this line of business. They carry out forex
trading generally for business needs, giving loans, hedging , or
capitalization. The capital required is also quite large, and it is not random
that people can do forex business.
After the growth
of the internet on all parts of the world in the late 90s, the forex market
conclusion can be accompanied by almost everyone, from the self-employed to
domestic mothers, elderly people or young children. The agents also began to organize
forex so that it could be traded in a retail manner by each individual. So at
this time, ranging from money changers, banks, to motorcycle taxi drivers who
are stuck can also fall in the Forex market.
1. The End of the
Era of Exchange of Goods and the Start of Change Changing Money
In the origin of
people's civilization, it is necessary to know that the alteration of objects
accompanied by people begins with a system of exchanging goods. For example, a
person wants a goat, after that he meets another person who sells 2 baskets of
apples, then they agree to exchange their merchandise, until the business can
be established. However, along with the duration, the exchange of goods is
thought to be not bad enough to fulfill the wishes every day. The important
problem of the exchange system is what if it cannot create people whose desires
and provisions for goods to be exchanged?
To overcome the
shortcomings of exchanging goods, to make payment equipment or alteration
equipment in various forms. In this time span, people wear kijing, beads, very
rare rocks, and metal as intermediaries. However, it needs to be known that
each area can practice its own "eye of money" based on what they
think is very valuable, recognized by residents, and has a portable habit,
which is easy to carry around.
Because each area
of the earth uses a different "eye of money", to the trade people who carry out business
accompanying the area or shipping of island routes and land routes, so often
want a reference to the alteration of the eyes of money that can be obtained by
public means. In many positions, agreements were made that the use of grand
metals such as Perak or Kencana as intermediaries.
The kingdoms that
stood in that era began to taste "duit" each by ensuring the special
metal content in them. In turn, alterations are based on that content. This was
the beginning of the alteration of the eye of money in the ancient era.
Since if the
alteration of this eye is tried? For the Byzantine memo, near the 4th century BC) proved that the royal party
had a monopoly on the alteration. After that, the Papyrus memo also proved that
it had been done with the alteration of the eye in ancient Egypt. Other regions
ranging from Australia, Indonesia, China, India, to Europe have their own
records. So, this is not something that has arisen suddenly in the modern era.
2. The origins of
Modern Forex Trading
The change of
money has been going on since ancient times, but the origin of modern forex
trading as it exists today was actually pioneered after Earth War II. As data,
there were many economic emergencies and emergencies at the end of Earth War
II, as a result of which the rulers of the Comrade countries felt that they
needed a system that would be able to integrate the economy the next day. After
that the "Bretton Woods System" was formed to create that wishful
thinking.
In the Bretton
Woods System, which was born in the town of Bretton Woods, a state of New
Hampshire, American Syndicate in 1944, for the first time there was a valid
provision for arranging monetary ties to the country. The American Syndicate,
which at that time held 2-thirds of the earth's supply, insisted that the
system be piled on the date as well as the US Dollar. In conclusion, this
system requires all participating countries to associate their currency figures
with the currency and the US Dollar. However, it didn't last long.
On August 15,
1971, the United Syndicate unilaterally severed its currency ties with the
court, resulting in an automatic way dismissing the Bretton Woods system. The
Dollar figure is also no longer received from the supply of dates, but only
from the contract of the U.S. rulers. This action certainly makes the US Dollar
a currency of supply for many countries on Earth. At the same time, the number
of changes in the currency is no longer set in a basic way, but by following a
simple economic system of demand. The current stage in the origin of forex
trading was born, which is the time span of the floating exchange rate system.
After that, the
business of buying and selling key currency is tried by banks, on the contrary,
other parties such as rulers and companies, need to meet banks as
intermediaries. Companies in need can meet the bank over the phone, then the
bank writes at what price something is bought or sold. From let's create an
interbank market as an over-the-counter network where money currencies are
exchanged and the number of money currency changes in an energetic way.
3. Online Forex
Trading Period
The outline
economic progress between the 80s
and 90s led the earth to the
latest advances in the origin of forex trading where people can learn about the
earth, which was once dominated by big banks and industries of global value.
Business through banking intermediaries is no longer mandatory to start with
telephone contacts, but rather not bad with instructions via the internet.
Moreover, a trading program was also born that allows anyone to view the
"price" (number change the currency of money) and trade the currency
in a real-time way.
Technological
advances are a crucial point in the origin of forex trading, as it urges the
loading force of trading in the forex market to soar far until it becomes the
most financial market on earth with liquidity every day reaching USD5. 3
trillion in 2013. In this era, you can recognize which currencies are widely
traded and try to make a profit from the strengthening or weakening of the
currency change.
So how can you as
a "lot of people" profit from this alteration? Nowadays there are
many "forex agents" who serve currency trading for citizens in small
ratios. Unlike the interbank market which has standard trading dimensions,
(100, 000 US Dollars per part), this kind of forex agent shares the means of
citizens to trade forex, especially with a capital of as little as a dozen or
incense dollars only. Even more advanced in today's mobile era, forex trading
can be tried via laptop, pill, android, or iPhone. As long as there is an
electrical connection and the internet, you can "go down to the forex
market" and profit from it, if you know how to play forex trading.
Forex Trading
Activity Methods
Forex trading in
principle is the simultaneous purchase of one currency as well as the marketing
of another currency. The companion of the money eye was afterwards traded in
unison. The illustration, EUR or USD= 1. 23700.
The eye of the
money located on the left, (in this case
Euro) is the lower eye of the money, and the eye of the money in the other part
is pronounced the eye of the cupped money. The above note proves that 1 part of
the lower money currency is worth 1.23700 cups.
In this way, you
must pay off 1.23700 USD if you want to buy 1 Euro. On the contrary, if you
want to sell 1 euro that you have, until you want to get 1.23700 USD.
Forex trading is
a foreign currency business that continues to be widely selected as a method
for carrying out capitalization. This forex trading relates a special currency
companion suitable that is selected and can be traded according to a special
situation to achieve maximum results.
Forex Trading
Laws For Islam
For those of you
who want to practice starting forex trading, in fact, there are problems that
arise from halalness. In fact, is forex trading taboo? Then, is forex trading a
form of gambling?
For Islam itself,
it is seen that currency trading or forex trading is intertwined because there
is a desire from the outline market to fulfill the wishes of various countries.
This is
compatible with a Masail Fiqhiyah novel written by a jurist named Professor.
Drs. Masjfuk Zuhdi reported that trading forex or foreign exchange is allowed
under Islamic law.
Forex trading is
considered halal because the products traded are real in shape and value, are
foreign currencies. Forex trading is also different from usury and the original
business is buying and selling because forex markets currency instead of
lending money by wanting more change.
MUI also
legalizes SPOT-type forex trading where in SPOT the purchase and marketing of
financial instruments, goods, and other relics is tried with cash and direct
payments. This market is often called the cash market because direct trading is
replaced by relics.
Advantages of
Forex Trading
It needs to be
known that each field of business or capitalization certainly has certain
advantages and risks, depending on what type of capitalization you want to try.
Forex trading is a fairly widespread capitalization in recent years. Because
this capitalization can make investors a lot of raya or let alone collapse. And
in fact, it needs to be known that forex trading is capitalization whose
character is high retrun high risk. Next this will
Presented the
advantages of forex trading capitalization.
1. Forex Trading
Business Leads Flexibly
In fact, forex
trading can be tried anywhere because of its very flexible character. Business
in forex trading can be tried through applications held by forex agents online.
With the
availability of internet access almost everywhere, of course, it also wants to
make it easier for traders to carry out business. For the rest, you just need
to prepare for the next situation, such as:
Hard features
like your pc, laptop, pill, or let alone your smartphone.
Downloading as
well as installing applications held by trading agents
Availability of
an adequate internet network
Not only flexible
questions of place, forex trading is also flexible in matters of duration. The
forex market can be accessed 24 hours a day. Not only that, the market is
closed only on Saturdays and Sundays.
In another sense,
you can get used to the agenda for your own trading. You can trade in the
morning, if that duration is when you can concentrate more. Or you can also
trade at night, if in the morning you have an important job.
2. Profit from
Different Exchange Rate Numbers
The name of
funding, of course, requires profits. Well, "income" or income of
forex traders for those of you who plan to carry out forex trading is a profit
in the form of different from the exchange rate when you buy and the rate that
is currently intertwined. The trick is that you buy dollars when the numbers are
small and trade them back at a bigger price or buy at a large price and trade
them back at an even bigger price.
Usually, there
are 3 possible formations of dollar movements, namely up or uptrend, always or
sideways and down or downtrend. If it goes up, until a big profit is about to
be obtained. But if it goes down, until the number of dollars is about to
shrink as well.
When before
making a dollar capitalization, you should first recognize the purpose of this
capitalization. Also reassure that before starting forex trading, you have also
provided a serious budget that can be used for something that is intertwined
instantly and in a sudden way.
3. Liquid Forex
Trading
As data if not
all stocks are actually liquid. That is, there are not a few stock investors
who find it difficult to carry out buying and selling of shares in a lightning
way.
This incident is
a fact of illiquid stocks, generally in fried stocks and stocks that are not
listed in the LQ45 indicator. Stocks that face interruptions, let alone make
investors' money blocked, do not know until when the interruption is about to
open.
When trading
forex, you don't need to be afraid because the forex market has a huge
liquidity. The great business value ensures that there are almost always people
who buy and sell every second.
Traders can also
make a profit in a lightning way suitable for selected forex trading strategies
without fear if their money is blocked or afraid if they cannot generate money
from the impact of a silent market.
Because of the
large liquidity, the forex market does not understand the so-called "stock
boss" or the form of big money that can be carrying out the rotten sense
of stocks with little liquidity. These
forms of "bosses" must have a framework and a purpose in
carrying out buying and selling behaviors that can affect the anger of retail
investors.
4. Forex Trading
Profit Results Can Be Experienced Directly
Another profit
that can be obtained by traders is that they can withdraw profits from price
escalation that starts from the difference between the purchase price and the
selling price between buys. Meanwhile, when carrying out marketing, the next
day's profit will be obtained from the difference between the selling price and
the purchase or closing price.
5. No Additional
Pay
It should be
noted that business payments in the forex market online are actually not
available, only that some of the fees are very varied. The illustration is a
budget revocation fee that starts from a forex account.
6. Forex Trading
Has a Margin System
The last
advantage is that there is trading using a limit system, which in this case can
make the buying energy of the investor greater than the capital they have.
If this is the
case, of course, the profit obtained is 2 directions when the market rises or
the price falls. Of course, it can't be legal for other types of capitalization
such as shares.
Losing Forex
Trading
After mastering
the advantages of Forex Trading, you also need to master the risks. Of course,
you must also be prepared to welcome all the consequences. In doing so, the
provisions obtained have passed through a mature view. Furthermore, it is to be
explained the loss or risks that are involved in forex trading itself.
1. There is a
Stirring of the Hand of the Ruler of the Origin of the Currency
It needs to be
known that each capitalization certainly has disadvantages listed also with
foreign exchange. One of them is the presence of a hand-wringing of the
original ruler whose currency is again traded on the forex market.
There is also a
stirring that is interpreted as interference from the essential banks of the
country by the method of increasing the number of interest, freeing up loan
letters from the rulers to buy foreign exchange in a grand way.
2. The Rise and
Fall of Forex is Very Fast
Another effect is
the presence of the presence due to the ups and downs of the foreign exchange
rate. The kind that is well known if the rupiah currency can be very weak as a
result, it can be risky to buy dollars because it will definitely cost a lot of
money.
Waiting for
Indonesia's currency to strengthen can also take a long time, as a result, it
can make forex trading in Indonesia at risk of loss.
That way, after
recognizing the advantages and disadvantages of forex trading capitalization,
until you must be wise to sort out the type of capitalization that matches the
expertise of all budget desires, good for short-time or long-time
capitalization.
Forex Trading
Risk Management
Risk management
is a very meaningful matter in forex trading. It is well known that forex
trading has a large number of risks. But when you can manage that risk, this
online business field is very profitable
compared to other online business fields.
Unfortunately,
very few traders know what risk management means, most notably for newcomer
traders. Generally, after the account and deposit, these newcomer traders lead
impatiently and immediately press the BUY or SELL button without carrying out
the analysis first, especially carrying out risk management. Furthermore, there
are some risk management that need to be understood for newcomer traders,
including:
1. Take advantage
of "Cold Money" when Trading Forex
If you are a
newcomer trader until the stipulation must use cold money. Because the use of
cold money is because you don't want to always be able to withdraw money or
dissolve money that you are using for trading. Therefore, if you urge a trade
for an inappropriate duration, you are injured. Simply put, if you sell an
object when the price drops again, while you buy it when the price goes up, of
course you want to get injured. As a result, it is highly recommended to use
cold money.
As data, cold
money is money that is not used for sudden or pressing needs. This means not
the money needed for daily wishes, insurance, emergency budgets, children's
learning budgets, installment budgets and others. It is also not recommended
that you use loan money for trading because the money is also not cold money.
So all the money used for trading is intended for trading, not for other needs.
2. Set a Stop
Loss So You Don't Lose Money
Stop loss
instructions or stop losses are instructions placed to close an open business
with the aim of blocking the risk of loss. The illustration is, you open a
forex business BUY 1 lot of AUD or USD at the price of 0. 81400.
To block the
risks in your trading, of course, you need a strategy where you want to put a
stop loss at the price of 0. 81000. That is, if the price after that drops to
0. 81000, until your transaction is about to close at 0. 81000 with a loss of
$400.
In forex trading,
you have to make sure to block the risk. The key is to minimize the possible
stop loss, "poke" by the price movement. This is the method of
placing the stop loss itself.
Place your stop
loss at a few pips above the key resistance( if your position is short) or at the base of the key support (if
your position is a buy).
In a technical
way, there is a procedure that directs putting near 100- 200 pips. There are
many procedures for ensuring resistance and key support, you
It just takes
learning it.
3. For a Good
Trading Plan
For a forex
trader, a Trading Plan is very much needed to get trading results whose
character does not change. One aspect of success in forex trading is being
compliant. Through a Trading Plan that is made in the right and fair way, a
trader can certainly learn to comply with the rules that have been inaugurated
in his planning.
Not only that, a
trader is already responsible to himself by the method of creating a Trading
Plan. If the trading results are not as expected or the direction of market
price movement goes against the forecast, the trader can quickly quote the best
level on the trading account without hesitation and confusion.
4. Take Profits
to Reap Profits
Traders need to
recognize the method of ensuring Take Profit correctly, so that the next day
they will not just explore anger. Furthermore, there are some procedures that
need to be learned in ensuring how to close a position in order to achieve
maximum profit, including:
Ensuring take
profit on trending market situation
Ensuring take
profit in a sideways market situation
Using risk or
reward ratio
Forex Trading
Practice Guide for Beginners
The purpose of
forex trading itself is nothing but speculating the direction of price change,
as a result of which you can profit from different selling and buying numbers.
However, practicing forex trading is not as easy as it is reflected. This
matter is tested by the majority of people who currently practice forex. They
were about to lightning once in the face of destruction. Therefore, what is the
method of starting forex trading for newcomers? There are some forex trading
practice guides that can be understood in a short duration.
1. Understand the
Usual Designations Used for Forex Trading
Before carrying
out any capitalization, you need to master the various designations used in the
way of trading. Some of the usual designations that need to be known are:
Pip is the
alternation of numbers between 2 money points, referring to the 4 decimals
behind the comma in the change number. When EUR or USD is located at the price
of 1. 1205 and thereafter went to 1. 1206, ratio 0. 0001 is 1 pip.
Base currency is
the number of the lower currency or the initial currency in the companion of
the currency currency. His writing on the left side of the feature, e.g. Eur
or( his opponent).
Pair currency is
the number of changes in the match of currency in forex, for example Euro or
USD.
Lots are the
number of parts of the currency that are bought or sold, divided into small,
micro, and nano dimensions.
Buy is a position
to buy. Generally, buys are tried when the price is expected to rise.
Sell is a try
when the price is expected to fall. You sell at a high price, then after that
buy it back when the price is economical. The difference is about to be your
benefit.
Leverage is a
loan that is handed over by an agent to help traders as a result of being able
to trade at a large load capacity.
Spread: the
difference in the buying and selling price, generally for agents.
2. Understand the
Methods of Forex Trading Activities
The currency
traded is in the form of a companion (pair), the illustration is EUR or USD. As
an illustration EUR or USD= 1. 1215.
The eye of the
money on the left (Euro) is the lower eye of the money, on the other hand, the
eye of the money in the other part is pronounced the eye of the money snippet.
The above note proves 1 euro= 1. 1215 USD.
Furthermore, this
is an illustration of its execution in trading. Known, the position of the
purchase price as well as the selling price of Eur or USD are:
Buy: 1. 1215
Sell: 1. 1212
The 'buy' price
proves the price to buy 1 Euro is 1. 1215 USD, while the 'Sell' price proves
the price to sell 1 Euro is 1. 1212 USD.
When trading,
your benchmark is the base currency or the initial position of the pair to the
opposite currency. So when buying Eur or USD, we want the Euro base currency to
increase in value, as well as its opposite. If your prediction USD is to
strengthen to the Euro, until the position that should be obtained is a sell.
3. Selection of
the Right Forex Trading Agent
Forex trading is
established between 2 parties, namely you as traders and agents, without the
essential money market daulat. The position of the agent means a lot. The agent
is a scalper between the market actor and the global forex market. Agents also
provide facilities so that many people can do business online.
Make sure that
agents have real excuses and regulations. Create a local Forex agent in
Indonesia, its existence is regulated by Bappebti. As for the Global Forex
agency, its existence is regulated by a part of the country. A very popular
illustration is the UK FCA from the UK.
4. Use Leverage
When Trading with Small Capital
With the presence
of leverage or leverage energy, so that you can carry out a large amount of
business with little capital. Leverage is a loan from a forex agent that is
handed over to the trader.
Not only
leverage, there is also a term limit is the collateral money that is withheld
while by the agent when you carry out the trade. To be able to carry out this
business, of course, the budget you have must exceed the collateral budget.
There are also various types of leverage are:
1: 1= The
guarantee is similar to the contract number or 100%
1: 50= Collateral
of 2% of the contract figure
1: 100=
Collateral of 1% of the contract figure
1: 200= The
guarantee is 0.5% of the contract figure
1: 400= The
guarantee is 0. 25% of his contract figure
1: 500= The
guarantee is 0. 20% of his contract figure
5. Understand
Forex Trading Securities Management
In order to
survive for a long time on the Forex trading platform, you also need to
practice risk management. At the beginning, the use of cold money or money that
had been prepared to make 'disappeared'. Next, don't have time to use money for
wishes every day. Because Forex trading is quite risky as a result you must be
prepared when facing a loss. Not only that, you also have to decide on a Stop
Loss. Because your position will be automatically closed if the loss has
reached the special amount set earlier. In contrast to Stop Loss, there is a
Take Profit.
With Take Profit,
if the position has been profitable until the program wants to automatically
close the position. Without Take Profit, you can be instigated not to realize
profits even though the goal has been successful because of more profit
ambitions. And you can secure profits that have been successful so that they
are not 'consumed' by the risk of loss or loss from price depreciation that can
be established.
6. Was- was Forex
Masked Human Machine Trading
For forex
traders, one method of making a profit in the business of buying and selling
foreign exchange (forex) is by automatically using a human machine ( human
forex trading machine). This autopilot forex trading shares automation, such as
looking for trading opportunities, open
buy opportunities, to open sell opportunities. That way, traders only
need to command the machine man as a result of no longer needing to observe and
analyze the forex market always in his own way in carrying out the buying and
selling business.
However, you need
to be aware of this type of fraudulent capitalization mode behind all the
waivers offered. The reason is that the presence of unlicensed web website
areas leads to risks. Especially in 2021, the Department of Trade through the
Commodity Futures Trading Supervisory Agency (Bappebti) together with the
Department of Communication and Informatics (Kominfo) have blocked 249 web
website areas in the aspect of commodity futures trading, (PBK) that did not
receive excuses.
Online Forex
Trading Apps
As it is known,
not only can you start with small capital, forex trading also has a large
liquidity as a result of which investors can make purchases when they are also
listed through the application. Moreover, currently there are many programs,
applications, or the best forex trading services that can make it easier for
you.
So, what is the
forex trading method for newcomers with the application? Then, more or less,
what are the applications that are suitable for forex trading and safe
security? Next is the summary.
1. Agrodana
Future News
Your initial
application can use a trusted forex trading application called Agrodana Future
News for trading activities. This application is also located at the bottom of
PT Agrodana Futures' protection. Through Agrodana Future News, you can monitor
trading information every day.
On the other
hand, this forex trading application also presents a simple form so that it is
easily accessible to traders. At this time there have been 5. More than 000
people who use Agrodana Future News on the Play Store.
2. Meta Trader 4
Not only Agrodana
Future News, you can use Meta Trader 4. This application was raised by
MetaQuotes Application Corp, this one application is quite famous in the class
of traders. How not, not only do you carry out trading, this forex application
also makes it easy for you to connect with hundreds of forex agents.
Citing the
official website, Meta Trader 4 makes it easier for traders to carry out
technical analysis with a flexible trading system. Not only that, this
application also helps you to get price prices in a real-time way.
3. HSB Trader
This one
application is also very suitable for newcomers to playing forex trading. HSB
Trader makes it easy for consumers to monitor market movements from duration to
duration.
A very meaningful
matter is that HSB has great integrity and full validity of the Commodity
Futures Trading Supervisory Agency (Bappebti) of the Ministry of Trade of the
Republic of Indonesia. That way, you don't need to be afraid when using this
application.
4. MIFX Mobile
Another
application that you need to try for forex trading activities is MIFX Mobile.
This application offers a variety of advantages. One of them is its
user-friendly form as a result of helping traders make profits easily.
Not only that,
MIFX Mobile also makes it easier for consumers to achieve and pay trading
budgets. A very meaningful matter is that this application has been listed on
Bappebti at the base of the protection of PT Monex Investindo Futures.
So, you don't
need to be afraid of fraudulent capitalization. If you are enamored with it,
you can download this application on the Play Store and associate with 50.
Another 000-plus people.
5. Trade
Optimizer
If you're hooked
on a paid app, you can try out Trade Optimizer. With this paid application, you
can get a variety of elegant features, such as the 14 calculator feature that
tomorrow will help you in analyzing risks to post-trading.
6. NetDania
Stock& Forex Trader
This application
is estimated to be suitable for new entrants. Because, NetDania wants to help
you monitor the movement of your eyes in a real-time way. Moreover, this
application is quite famous in the forex trader class. Not only that, this
application also presents factual news about forex as a result of being
accompanied by traders.
7. MotionTrade
MotionTrade is an
online stock trading application owned by PT MNC Deposito Securities and is one
of the best deposit securities industries that has a good name in Indonesia. In
this application, there is also a TradingView Chart feature that can be
accessed to view charts and styles from various issuers. The method of using
the TradingView Chart feature is that you only need to type the stock signals
of your favorite issuer, after that you want to be able to view the chart and
the style of the stock signals in a direct way.
You must have
understood the loss and the risks felt when playing forex trading. Of course,
there is a significant thing that needs to be underlined is, is there any
insurance that can be collateral when playing forex trading? Because, forex
trading has a fairly large loss. Unfortunately, until now, it is not often
found that insurance is moving in this aspect. However, you don't need to be
afraid. You can control your finances by buying and using other best insurance
products, so that when playing forex trading, you can set aside cold money to
carry out forex trading.
Not only that,
you also need to think about the amount of bonus each month that you must spend
when you are active in forex trading. Because of the kind of known, forex
trading has the possibility that a trader wants to face a loss. Surely when the
loss is about, in fact, there needs to be a serious budget for other wishes, a
kind of budget for treatment and others like that. As a result, how good it
would be if you also participated and in insurance that matched your wishes.
To recognize what
insurance questions match your desires and finances, you can see it on the
Qoala App or read other data on insurance and financial matters on the Qoala
Web.