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Trading assets and Forex

There is no dearth of opportunities in trading, but for those who are yet to begin the journey must always be double sure. The business is risky and at times it tends to get addictive in the long run. The basic concept in trading that must be understood is the fact that there Is no sure shot technique or strategy that can ensure profit or which can reduce loss. Only with adequate practise and understanding one can master the art of the business.

Trading assets

Trading is about exchanging assets. By definition, assets are collection of securities that are under authorisation of a firm. These assets are put forth for trading, hence reselling to earn profits. The company record these transactions separately from the corporate account. Basically, the trading assets are securities held by a firm for reselling purpose only. Most of the companies list such trading assets as current assets as the intention is to sell hem fast. It is mandatory to record the value of assets on the balance sheet, while on income sheet, this is marked as profit or loss. Assets can be categorised as tangible or non-tangible. Tangible are those assets which have physical existence while non tangible only has a monetary value.

Trading Forex

Forex as considered by the beginners is one of the most liquid and potential assets with high leverage. Forex market is one of the biggest trading platforms. It is done in pairs and many global currencies are involved. You now have an opportunity to Learn Forex Trading Step by Step in Delhi at Trade Wave. They provide ample resources and practical trading knowledge which are hardly acquired through a Forex Trading Training Video. So, what exactly is forex? It is acronym for forex which means currency, forex trading therefore means currency trading. It involves 2 currencies which are traded against each other. The value of one currency is estimated in terms of other. It is complex owing to large trade flows, but at the same time it offers immense benefits over other trading assets. Forex is traded at a forex market which is a continuous trading market, one of its kind in financial trading sector. Professional traders will be acquainted with terminology and usage of charts in the trading process. You need to undergo a Professional Forex Trader Course to understand details of the 3 charts below:

  • Line charts- These charts represent closing price for a currency for a time specified by the trader or user
  • Bar charts – These are used for specific time periods for trading. A dash indicates a day’s opening and closing price on either side
  • Candlestick charts- These are easier to read and understand. The upper part of the candle indicates opening price and the lower part represent closing price

Not only limited to above terminologies, forex trading is a skill that includes various other components. It has high liquidity, high leverage, and continuous, yet it has its share of cons. A professional trader utilises all the techniques to make a move that is profitable and potential.

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