Investors who want to invest in the foreign exchange trading market should know the most basic introductory knowledge of foreign exchange trading. Such knowledge is very important to investors. If they are novice investors, they will have the opportunity to take advantage of this Knowledge and understanding of the foreign exchange trading market and a preliminary understanding of foreign exchange trading can enable investors to more successfully invest in the trading market. However, if investors do not have basic introductory knowledge of foreign exchange trading, it will not be easy for investors to succeed in their transactions. Just imagine, If the basic knowledge is not available, how can investors have further trading knowledge? What are the introductory knowledge that investors should learn?

What are the introductory knowledge for foreign exchange speculation?

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1 What are the currency pairs that are traded

If investors want to learn the introductory knowledge of foreign exchange speculation, they should first know what currency pairs investors can trade in the foreign exchange market. , this is very important for investors’ transactions. Investors should know that in the foreign exchange trading market, there are different trading currency pairs, and they can be divided into different types. If we look at the frequency of transactions and the degree of popularity among investors, , investors can divide currency pairs into major currency pairs, cross currency pairs, and exotic currency pairs. If divided according to regional currency pairs, investors can divide different currency pairs into European currency pairs and American currency pairs. As well as Japanese currency pairs, in short, there are a large number of currency pairs in the foreign exchange market for investors to trade. If investors want to know the best introductory knowledge for foreign exchange speculation, they should understand different trading currency pairs. Choose the currency pair that is most advantageous to them, and then have the opportunity to use such currency pairs to make more successful foreign exchange trading decisions and obtain trading profits from the foreign exchange trading market. Therefore, learning currency pairs is the most basic introductory knowledge for foreign exchange speculation. .

2 How to calculate trading spreads

If investors want to learn the introductory knowledge of foreign exchange speculation, they should understand the trading spreads. They should know that in the foreign exchange trading market, they need Use spreads for foreign exchange transactions. The spread is the transaction cost of investors. If the spread is very low, the investor's cost will also be very low. If the spread is high, the investor's cost will not be very advantageous. Therefore, if Investors who want to learn the introductory knowledge of foreign exchange speculation should know how to calculate the spread. When investors see the trading quotation of a currency pair, they should know that there are two prices in the quotation, one is to buy a currency pair The price, and the other is the price at which a currency pair can be sold. The difference between the two prices is the spread. Therefore, if investors want to conduct foreign exchange transactions, they need to understand the spread.

3 What is there in a trading account?

If investors want to learn the introductory knowledge of foreign exchange speculation, they also need to understand the trading account, because the trading account is the best thing for investors to take advantage of. Different trading accounts may have different advantages. Some accounts may bring more profit space to investors’ transactions, and some accounts may be more suitable for investors’ trading needs. Therefore, if you invest If investors want to learn the introductory knowledge of foreign exchange speculation, they need to understand the characteristics of different trading accounts.