My Board
Academics => Accounting and Business Department => Business => Topic started by: TechniMental on September 10, 2013, 02:20:00 PM
-
Since no one has started a thread about forex trading, I would like to step up and inform every member of this online community the basics of the foreign exchange market.
What is the Foreign Exchange Market?
- Referred to as “Forex”, “FX”, “Spot FX”, “Spot”
- Over-the-Counter Market
- Buying and Selling of Foreign Currencies Exist
- Largest Financial Market in the World
- Closest Market to the Ideal Perfect Competition
- Highly Volatile and Liquid: Almost $4 Trillion Daily Volume
- Prices Change: 20 Times/Minute or Up to 18,000 Times/Day
Comparing the forex market to the famous stock market:
(http://s22.postimg.org/faplii4yp/comparison.jpg)
-
sir, ano pong mas risky forex trading or stock trading? parang mahirap yata ang forex sabi nila para ka daw nagsusugal.
Since no one has started a thread about forex trading, I would like to step up and inform every member of this online community the basics of the foreign exchange market.
What is the Foreign Exchange Market?
- Referred to as “Forex”, “FX”, “Spot FX”, “Spot”
- Over-the-Counter Market
- Buying and Selling of Foreign Currencies Exist
- Largest Financial Market in the World
- Closest Market to the Ideal Perfect Competition
- Highly Volatile and Liquid: Almost $4 Trillion Daily Volume
- Prices Change: 20 Times/Minute or Up to 18,000 Times/Day
Comparing the forex market to the famous stock market:
(http://s22.postimg.org/faplii4yp/comparison.jpg)
-
Sir, I believe na kapag hindi mo alam ang ginagawa mo, mapa-forex man or stocks, it is the same thing as gambling. Regarding sa comparison ng risks, I have to agree na mas volatile nga sa forex. As I have stated sa first post ko, "Prices Change: 20 Times/Minute or Up to 18,000 Times/Day.”
But then again, “In today’s rapidly changing world, the people who are not taking risk are the risk takers.” -Robert Kiyosaki
I am still involved in stocks, pero more on investing, not trading (there is a difference). There are a couple of reasons that I have posted in my blog on why I made the switch. You can check it out if you want: http://forexfilipino.blogspot.com/ (http://forexfilipino.blogspot.com/)
-
Ok! thanks po sa info' ano po ba ang iniinvest ninyong company. long term po ba or short! yayaman ba tayo dito hehehe?
ok I will check out po yung blog site.
-
No problem sir. What do you mean iniinvest kong company? If you are talking about stocks, meron akong apat na companies na hawak. Sa stocks po long term ako (investing), and sa forex po short term ako (trading).
I cannot guarantee you anything sir, kasi may risk lagi na involved. But if you are asking is kung possible bang kumita and yumaman, yes, it is very much possible, just like how this man made $1 billion in one day (http://www.investopedia.com/ask/answers/08/george-soros-bank-of-england.asp).
Okay sir, let me know what you think and if you have questions just email me or leave a comment.
-
there are platform that you can use to trade example, FXCM. Using both technical & fundamental analysis that is usually thought in college.
-
Let's play and have fun this Friday the 13th. Join our Happy trading hours and participate in our ONE HOUR DEMO TRADING COMPETITION. Surprise gift awaits the winner.
(http://s13.postimg.org/tm6axnlav/1173824_709015955778853_2076878273_n.jpg)
-
opo about stocks' can you name it pls. the companies para magka ideya ako kung anong stocks pwedeng pag investsan.
sir, pag sa forex ba malakihan yata ang puhunan doon' tama po ba?
No problem sir. What do you mean iniinvest kong company? If you are talking about stocks, meron akong apat na companies na hawak. Sa stocks po long term ako (investing), and sa forex po short term ako (trading).
I cannot guarantee you anything sir, kasi may risk lagi na involved. But if you are asking is kung possible bang kumita and yumaman, yes, it is very much possible, just like how this man made $1 billion in one day (http://www.investopedia.com/ask/answers/08/george-soros-bank-of-england.asp).
Okay sir, let me know what you think and if you have questions just email me or leave a comment.
-
Sir sorry pero medyo private po ako sa investments ko. I'll give you one though: PGOLD.
Nope, karamihan po talaga nakikita forex as kailangan malaki investment dahil dati for big players lang siya. Ngayon pwede na mga individual traders like us. Sa broker ko po ang minimum deposit is $250 only.
-
ok po salamat po sa tip' mabuhay po kayo :)
Sir sorry pero medyo private po ako sa investments ko. I'll give you one though: PGOLD.
Nope, karamihan po talaga nakikita forex as kailangan malaki investment dahil dati for big players lang siya. Ngayon pwede na mga individual traders like us. Sa broker ko po ang minimum deposit is $250 only.
-
No problemo. Feel free to ask me anytime sir. Hehe
You can open a free demo account if you want: http://metisetrade.com/sa/broker/DAAP (http://metisetrade.com/sa/broker/DAAP)
-
ok po salamat. sige magtatanong po ako inyo kung meron akong naisip na itanong pagdating sa stocks.
-
Catch ANC's On the Money tomorrow at 3:30 PM as MetisEtrade's CEO talks about ...
Just tune in :D
-
thanks po for the information sige po sana mapanood ko.
Catch ANC's On the Money tomorrow at 3:30 PM as MetisEtrade's CEO talks about ...
Just tune in :D
-
(http://s15.postimg.org/f1ar45h97/ANC.jpg)
Tune in later at 630 or 11 PM :D
-
"On the Money's Bear Market episode will be shown tomorrow at 3:30PM. In case of breaking news, the episode will be aired on a different time slot. Thank you for your patience." - from ANC producers
-
thanks po sa information. sana maabutan ko bukas toh'
-
I hope too sir. Hehe. Free knowledge is always a win.
-
(http://s21.postimg.org/gen9pn8bb/bagal.jpg)
Another Happy Trading Hours session is coming up this week as we look at ECONOMIC DATA to be released from CANADA!
WHAT's MORE? Our research analyst will give you his views on the direction of the market post-FOMC Meeting!
----------------------------------------------------------------------
Economic Indicators to be Discussed:
8:30PM
CAD Consumer Price Index m/m
CAD Core Consumer Price Index m/m
Please click this link http://metisetrade.com/index.php/happytrading (http://metisetrade.com/index.php/happytrading) to make your seat reservation.
Hurry! Limited Seats Available.
-
Forex Trading:
- Buying of One Currency and Selling of Another Currency
- Currencies are Always Traded in Pairs (e.g. EURUSD, GBPUSD, USDJPY)
- Exchange Rate - Reflection of the condition of a country’s economy compared to another country’s economy.
- 24-Hour Market from Sunday to Friday (in the Philippines or GMT+8, it starts from Monday 5 AM to Saturday 5 AM)
- Spot Market - Any market that deals with the current price of the financial instrument.
- Foreign Exchange Market—the financial market where exchange rates are determined
- Appreciation—a currency rises in value relative to another currency
- Depreciation—a currency falls in value relative to another currency
When a country’s currency appreciates, its goods become more expensive and foreign goods in that country become less expensive and vice versa.
(http://s9.postimg.org/hpj6fxrhb/sss.jpg)
-
Sir ask lang po ako, magkano po ang initial capital for me to go into forex?
Ako ba mismo ang gagawa o may broker ako? Do i need an internet to do this?
Thanks po.
-
For my broker (http://metisetrade.com/sa/broker/DAAP), the initial capital is at $250. Meron ka po laging broker to trade, and yes you need an internet po.
Guys the Happy Trading Hours this friday is free of charge. If you want to learn more just visit the office or contact me. Good day!
-
Did you know?
You will not find any taxes in Fx buying and selling.
-
(http://s22.postimg.org/nci5mhgxt/1239007_715705518443230_1327141338_n.jpg)
Our doors will once again be open for people who want to trade with our senior traders. Feel free to come and trade with us on Friday, from 7:00PM to 10:00PM as we await important economics data from USA:
8:30 PM
US Core PCE Price Index m/m
US Personal Spending m/m
US Personal Income m/m
9:55 PM
US Revised UoM Consumer Sentiment
US Revised UoM Inflation Expectations
Let's trade together! See you!
-
(http://s23.postimg.org/8z0d5goyz/994622_716316888382093_1827105595_n.jpg)
Want to Learn How to Trade?
ATTEND OUR INVESTORS FORUM!
>Learn the basics of trading
>Know the difference between fundamental and technical analysis
>Understand why the currency and CFD market is the next big thing in trading
Don't miss it!
4:00 PM Saturday
September 28, 2013
9th Floor, Marajo Tower, Bonifacio Global City.
Dress code is smart casual
The seminar will be free of charge. Seats are limited to 50 heads only. It is on a first come first served basis.
-
A Classic Double Bottom for the Aussie Bulls
(http://s8.postimg.org/3mqg8vj4l/AUDCHFBUY0_85536.png)
In the H4 chart, price movements appear to have formed a double bottom – a bullish reversal pattern. Failing to breach the neckline, or the 0.85536 resistance-turned-support area, will serve as strong confirmation that the pattern will prevail.
Note: the depth of the double bottom pattern is around 3000 points.
To read the full trading recommendation, please click this link: http://metisetrade.com/index.php/research?menu=s-technicalreport&code=DAAP (http://metisetrade.com/index.php/research?menu=s-technicalreport&code=DAAP)
-
Did you know?
The original series of NZD notes featured a portrait of the Queen on the obverse, while the reveres featured native birds and plants.
-
First Friday of the month marks what traders and bankers call "Jobs Friday" because at 8:30 US time on First Fridays, Unemployment Rate and Non Farm Payroll (NFP) data are being released.
(http://s7.postimg.org/558xu9gjf/nfp.jpg)
Join our weekly Happy Trading Hours this week - where everyone is encouraged to diversify their portfolio and get to know the global markets along with the tools used to take advantage of these investment opportunities.
Visit MetisEtrade's office on Friday, from 6:00PM to 9:00PM at 9F Marajo Tower cor. 26th St and 4th Ave. Bonifacio Global City. Please be in smart casual attire. (Please come in early to enjoy the full experience of MetisEtrade's HTH.)
NOTE: If in the event (in a few hours) of a US government shut down, US Labor Department will not be able to issue NFP data this Friday. In any case, "Happy Trading Hours - NFP Week" will still push through.
-
Don’t know where to grow your money? Try investing in the global markets. MetisEtrade’s Happy Trading Hours provides you the right venue to interact with like-minded people.
As part of our event, we also hold a 1-Hour Demo Account Challenge. If you think you have what it takes to beat everyone else in the TRADING FLOOR during THE MOST VOLATILE trading hours – Come and join us and you will have the chance to win exciting prizes!
(http://s7.postimg.org/sphan5x63/1377530_724156314264817_1415138808_n.jpg)
See you on Friday 6:00 PM – 9:00 PM!
-
Did you know?
Pound sterling, usually called pound, is the official currency of the United Kingdom and of its Crown dependencies.
-
Jim Cramer (Net Worth $100 Million) - “As long as you enjoy investing, you’ll be willing to do the homework and stay in the game. That’s why I try to make the show so entertaining, because if you aren’t interested, you’ll either miss the opportunity to make money in the market or not pay enough attention and end up losing your shirt.”
(http://s13.postimg.org/nmtrj2tc7/541911_730075403672908_582189346_n.jpg)
You can’t wait for an opportunity to become obvious. You have to think and act before it's too late! Why wait! Join us this Friday and be part of our DEMO COMPETITION!
-
Did you know?
A number of central banks (and commercial banks) keeps Canadian dollars as a reserve currency. The Canadian dollar is considered to be a benchmark currency.
-
Nice thread. Informative topic. Sinusubukan ko din aralin to, sa ngayon, uitf at mf palang ang sinusubukan ko, sana soon, makapag open na ako sa col (local stocks).
sent via pagong
-
Nice thread. Informative topic. Sinusubukan ko din aralin to, sa ngayon, uitf at mf palang ang sinusubukan ko, sana soon, makapag open na ako sa col (local stocks).
sent via pagong
Sir foreign currency trading po yung thread na to. Hehe
Don't Miss the opportunity to get knowledge for Free!
(http://s16.postimg.org/pf8n921c5/HTH.png)
-
Ok sir sorry. Anyway, specifically noted naman ang word na local sa comment ko, medyo related kasi. Strict pala talaga yung thread na ito. Take it away para sikat ka.
sent via pagong
-
(http://s14.postimg.org/qcm08brgx/1374858_447241848713976_215151109_n.jpg)
"Know how to take advantage of the hottest financial market without getting burned!"
-
(http://s21.postimg.org/4w50pyvl3/1426306_741660899181025_1969651766_n.jpg)
Happy Trading Hours ™ with MetisEtrade
Learn. Interact. Compete.
Now BIGGER and BETTER !
Open to everyone - Wherever you are in the world.
View our live streaming here
http://www.metisetrade.com/index.php/competition (http://www.metisetrade.com/index.php/competition)
(The live streaming will be active on Nov 08, 6:30 PM – 9:45PM)
Happy Trading Hours Program Schedule:
6:00 - 6:30 Registration
6:30 - 7:30 Introduction to Forex with Mr. Ernesto Unisa
7:30 - 8:00 How to Analyze the Market - Funda and Tech
Updates on Current Market Events
with Mr. Dennis Torraldo
8:00 - 8:30 Q&A
Preparation for the 1 Hour Sprint Demo Challenge
8:30 - 9:30 Competition Proper
9:30 - 9:45 Awarding Ceremony
---------------------------------------------------------
Last October, we had Mr. Robert Escano (and his team of chefs and traders) as our Champion. This November, we are searching for new solid contenders!
Do you think you have what it takes to beat everyone else in the TRADING FLOOR during THE MOST VOLATILE trading hours?
Join our 1 Hour Sprint Demo Trading Challenge
Win exciting prizes - and have the chance to beat Robert's team on the next monthly finals - Beginners are very welcome to join!
How to Register for Happy Trading Hours - and - Join the Demo Competition ONLINE
1. Register here:
http://www.metisetrade.com/index.php/competition (http://www.metisetrade.com/index.php/competition)
2. Go to your email, look for the email with the subject: "Happy Trading Hours with MetisEtrade"
3. If you don't have the Trading Platform yet, click the
"MetaTrader 5 Client Terminal" to download (5-10 min only)
Mac users should follow the additional steps in this link:
http://www.metisetrade.com/index.php/resources/macguidemt5 (http://www.metisetrade.com/index.php/resources/macguidemt5)
4. Log in to your MT5 platform with the provided Username and Password in the email.
5. The account you have is a USD 10,000 account usable for the 1 hour demo challenge which runs from 8:30 - 9:30 on Friday (Nov 8, 2013)
*Note: You may trade with the demo account as much as you can before the actual competition starts. MetisEtrade team will dial everything back to USD 10,000 at 8:30 PM Philippine time.
Now you're ready for the Happy Trading Hours for November 08, 2013!
Learn. Interact. Compete.
All together now, Let's TRADE!
Sincerely,
MetisEtrade Team
-
(http://s7.postimg.org/6wt6h0ccb/1068943_10201440398405332_712513421_n.jpg)
Trade with us! Demo competition again!
-
:-\ yes.. this is simply legal gambling perse... you just have to be smart and quick in your decisions and anticipations of things affecting the currencies you are involved in... WORLD CURRENT EVENTS are sensitive issues to consider in placing and redeeming your bets... don't tell i didn't tell you this... i've been here before and i must tell you that night trading be it FOREX or commodities (oil, barleys, corn, gold, silver, etc.) were so addictive that before you knew it you're losing money... ahahaha... so think about it a hundred times before putting your money on this business....
-
From media, restaurants, and now salons!
(http://s30.postimg.org/rzbzfff75/1468643_766623640018084_1465037038_n.png)
Different business entities tied up with MetisEtrade:
T.G.I. Fridays
Tony Roma's
BusinessWorld
Midas Business Academy
Wazzup Pilipinas
Stock Market Pilipinas
MG Print and Press
Art Sundays
Star Cove Resort Hotel
David's Salon
Louis Philip Kee Premier Salon
-
Commodities like oil and barleys.... Maganda po ang takbo sa trading....
Sent from my 007 iPhone using Tapatalk (http://tapatalk.com/m?id=1)
-
bangkok have its present crisis right now.. So any business in relation with thailand please have it considered in your business decisions right now. Thailand is more on tourism.
Sent from my 007 iPhone using Tapatalk
-
tensions rising in the south east.. Between China and Japan... Lots of investments with these two super powers.. Let's see our investments secured, shall we?
Sent from my 007 iPhone using Tapatalk
-
Online trading service provider MetisEtrade will start offering Bitcoin trading next month in the hope of capturing investors with huge risk appetites for the fast-growing online currency.
http://www.philstar.com/business/2014/02/27/1295230/metisetrade-launches-bitcoin-trading-philippines (http://www.philstar.com/business/2014/02/27/1295230/metisetrade-launches-bitcoin-trading-philippines)
---------------------------------------------------------------------------------------------------------------------------------------------------------------------
Despite issues plaguing foreign bitcoin exchanges, MetisEtrade will deal in bitcoin starting March 1 to give investors a new product.
"It’s both bad and good. All this bad news is actually from the Bitcoin exchange. However, there’s been no scandals coming out from Bitcoin dealers," Jung said.
http://www.gmanetwork.com/news/story/350451/economy/moneyandbanking/volatile-bitcoin-an-alternative-investment-for-pinoy-risk-takers (http://www.gmanetwork.com/news/story/350451/economy/moneyandbanking/volatile-bitcoin-an-alternative-investment-for-pinoy-risk-takers)
-
Foreign exchange trading is a risky investment; therefore every client is expected to understand the inherent pros and cons of trading and at the same time their own risk tolerance before deciding to enter the market.
Please note that MetisEtrade does not offer any account management services. In the case of clients who choose to allow a third party to manage their fund, they are advised to review the merits of their chosen fund manager, through careful consideration of their historical performance and strategies in order to make an informed decision.
MetisEtrade will not be held liable for any issues clients may have with their third party managed accounts as the agreement is purely between the client and the third party. In addition MetisEtrade advices its clients that past performance is not indicative of future performance. For any questions, concerns or feedback, please contact me at 0917-8072979.
Just a friendly reminder. ;)
MetisEtrade Client Service Centre
9th Floor Marajo Tower, 26th Street corner 4th Avenue,
Fort Bonifacio Global City, Taguig, Philippines 1634
Customer Support: (02) 799-9358
Email: support@metisetrade.com
Website: www.metisetrade.com (http://www.metisetrade.com)
-
04.16.2014 - Block this date.
Join our risk management seminar!
(http://s3.postimg.org/q6byh91yr/image.png) (http://postimage.org/)
-
mag tatanung pu kung may ibang forex sites na alam niu pu sir
-
mag tatanung pu kung may ibang forex sites na alam niu pu sir
BabyPips po sir. Visit niyo site nila at www.babypips.com (http://www.babypips.com). God bless! :)
Post Merge: May 20, 2014, 07:08:16 PM
(http://s8.postimg.org/60skisd39/Metis.png)
Here's the link to the MetisEtrade Sprint Demo Competition:
http://www.metisetrade.com/competition (http://www.metisetrade.com/competition)
-
Are you up for the challenge? We are forex traders!
(http://s1.postimg.org/lf7ws6m8v/10411781_884026528277794_3704440690940499585_n.png)
-
Hi, magkano ba usually ang initial investment when you trade forex here in the Phil? I have OANDA kasi with just a $5 investment in paypal. I want to trade locally din.
-
Hi, magkano ba usually ang initial investment when you trade forex here in the Phil? I have OANDA kasi with just a $5 investment in paypal. I want to trade locally din.
Hello! MT5 PHP Denominated Account Minimum Deposit = Php 10k
Post Merge: June 07, 2014, 09:35:39 PM
(http://s7.postimg.org/4qjodbhor/ads.png)
-
magtatanung pu ulit boss san pu site makikita ang mga currencies beside from using any trading platform dont have trading platform pu boss
-
How much exposure can you take?
Know how to size your positions. Join our Risk Management Seminar.
See you there!
(http://s27.postimg.org/4yzgq90j7/dasd.png)
-
Sana mey mga financially intelligent individuals dito na whos doing actual forex trading. :hi1:
or is it just me? :) :peace:
-
Question lang:
1. Para po bang COL ang flatform ng MetisEtrade?
2. ang mode ng cashout po ba ay through banks?
3. If you profit during sa trade, magkakaltas ba ng final withholding tax ang MetisEtrade?
-
Padaan lang TS baka may update..more literature pa sana about forex trading..marami nagsasabi masarap laruon ito pag marunong ka na..
-
@bigfatpussycat check mo yung fxcm.com pra sa trading platform ng forex trading...pwede mo rin visit site ng dailyfx.com if you want to read more on forex... may mga analysis sila dyan ng mga pairs na commonly traded... hope it helps...