what is going on guys welcome back to another video in today's video I'm going
to answer what are you really trading when you trade the currency market stay
tuned so a lot of people have been wondering what am I really treating what
am I getting what am i buying what am i selling when I'm trading Forex the
simple question of the simple answer to this question is nothing it's all
speculative meaning you do not get anything in the mail you don't get
anything let any receive any back in the old days used to get like certificates
or for buy stock none of that happens nowadays 80% of the trades in the
flooring in the forex market or just speculative the other 20% are large
corporations trading currencies from one denomination to another so the majority
as you can see is strictly I don't call a guessing game but that's what
speculative nature is it's a thinking or knowing that you have an edge following
your trading plan and taking advantage that's what all the watch has hedged
wants to that's what all the large retail banks do that actually take
speculative trades so what are you trading it's on the computer it's it's
pretty much invisible all trades that you take are just on the computer there
you won't get like I said you won't get our seat any certificate like the old
days everything is just in your history so you're speculating on currencies
whether you're going to go up or down you're in other words speculating on how
good a country is going to do so you're not in reality buying or selling
anything it's all on the computer I know it sounds weird but just bear with me
hear me out it's not as weird as you first think
because everything's electronic so you're actually not seeing anything
physical which might freak a lot of people out but it's not weird if you're
making money right and you know what you're doing because once you start
understanding how the market works then you actually get a bigger perspective of
it the primary reason why the forex market exists and was created was to
facilitate currency has changed from multinational corporations so what does
that all mean it simply means if somebody say BMW in Germany wants to
lock in a price for the Urist of the US dollar that's what it was originally
created for and then that's when all these large banks retail investment
banks hedge funds and even retail traders started coming in eventually for
speculative nature so they just figured that hey I can get an edge I can make
money off this if I can profit make money why not join in I'm trying to get
a piece of the action too so that's the main reason why was it created but
everything is done electronically nowadays before the year's bag feels
completely different before retail traders weren't even allowed to join it
with the big voice now that's the beauty of Florrick's now even if you have a
thousand bucks to start two thousand bucks you can even open an account with
500 bucks nowadays because brokers have made it so easy they want you they want
your business they made it so easy that even a retail trader with 500 bucks can
join in with the big boys you get the same quotes you get everything the same
execution speed up they're extremely fast super fast so that's the main
reason why I was first traded but eventually as time went on they started
allowing a smaller and smaller fish if you want to call it into the pond so in
reality to summarize what are you trading well it's uh you're buying the
economy that you think is going to go up the country that you think is going to
go up and you're selling the currency that you
think is going to fall that's all it really is you don't see any of these
currencies or no one brings to you like a stack of
for Japanese yen to your door and I know that happens all done electronically you
open occlusion precision whenever you want you're betting on the country speak
and not make success and of course you're capitalizing on certain events
that happen throughout just everyday life so you have terrorist attacks you
have all kinds of interest rate hikes you have all kinds of speeches from like
important political political figures so you're just capitalizing on those
movements it's all about having a training plan sticking to it and making
money and of course like I said before financial freedom because no one wants
to stay at a job their entire life work every single day and live a miserable
life that's not what living is about living is about spending time with your
kids your wife your girlfriend if you have one just you guys get what I'm
saying if you want to go on vacation it's having time separating time from
money and trading or working wherever there's an internet connection whether
it's at your house your grandma's house while she's making you some cookies
when you're on vacation in Europe it doesn't matter
that's what it's about it's about separating your time for money and make
you money while you sleep because actually you can't make money while you
sleep doing this you just leave your position overnight easy as that so with
that being said guys send me other any other questions I'm willing to answer
everything no matter how hard or how easy it is don't be afraid don't be
embarrassed I'm not going to call you an uber beginner I'm answering everything
make sure to subscribe for the Forex course where I teach you every single
little detail in the forex market for you to become a profitable trader at the
end of the course once you graduate you'll get certificate of completion
meaning that you actually took the course you know what you're doing it's
sirs the course will help you out if you have
no idea for exists if you want to get into this and you see people making
money with this you guaranteed take a course it might take you a while because
like I said I want the course to be extremely detailed and tell you every
single thing about the market before you jump in if you want with that being said
guys check out my other videos I teach all kinds of ii-i've been trading for
years so I'm teaching guys all kinds of advice from just really basic things to
a little bit more events I've been trained for years I've been a profitable
trader so with that being said guys thanks for watching send me any other
questions and I'll see you guys later
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