Current location - Loan Platform Complete Network - Foreign exchange account opening - What do junior traders do?
What do junior traders do?
A businessman who specializes in foreign exchange trading. Including:?

1. An international financial professional who knows the foreign exchange price of a foreign exchange bank from the screen of telex video and earns the bid-ask difference by using the operation mode of "buy low and sell high".

2. Self-employed. Self-financing, buying and selling foreign exchange for themselves (usually banks), usually retail sellers of currency, set up stalls at entry and exit ports to exchange foreign currency, and the price is different from bank drafts or telegraphic transfers, with a difference of 20% to 30%.

3. Other traders who buy and sell foreign exchange at their own expense.

Extended data:

Trading rules:

1, the necessity, volatility and unpredictability of stop loss are the most fundamental characteristics of the market, which is the basis for the existence of the market and the cause of risks in trading. This is an unchangeable feature. There is never uncertainty in trading, and all analysis and prediction are just a possibility. The transaction based on this possibility is naturally uncertain, and the uncertain behavior must have measures to control its risk expansion, so it produces a stop loss.

2. Moving average, which is a line drawn by averaging the closing prices in the past few periods. Simple moving average (SMA)-A simple moving average is to add up the prices of several (n) periods (such as 5 or 10 minutes, every day, etc.). ) one by one, and then divided by the total period n to get the average value of the nth period.

Smma (moving average)-Since the moving average is a lagging indicator, smma will give more weight to the latest data when calculating the average in order to get closer to the market trend. In this way, we can see the market trend earlier.

References:

Baidu encyclopedia foreign exchange trader