The phenomenon of trading is one of the activities and professions brought by the globalization and the use of Internet in a big scale, first with computers and laptops and then with the sort of second Internet revolution with the exponential advance of technology and the tendency of use of portable devices like phones, tablets and other types of gadgets people can carry in their pockets.
This
brought the possibility of accessing information at the palm of their hand,
including data and statistics from trading operations and FOREX traders that
are the ultimate resources to count in respecting this trading work, as we will
be explaining next.
The
activity of trading stands for the management and prediction of different
financial markets, regarding to their movement, fluctuation and circles of
supply and demand, with different kind of investment operations and also
according to distinct types of goods, currency, stocks, shares, options and
more.
This is
done with the purpose of finding the appropriate and exact time to invest and
obtain a profit, thanks to such fluctuations and market movements where some
goods gain value and other lose it, so traders must learn to manage these
situations of change and trends to obtain some benefit.
FOREX and different types of traders
In specific
details, there is an emphasized market to make operations regarding to
currency, which is called FOREX as stands for Foreign Exchange respecting the
meaning of the acronym. However, according to the different kind of investment
and products existing in financial markets, including FOREX, there are
different sorts of traders, being the dedicated people to perform these
operations of trading, sometime as a part time job and others as a full
profession.
This is
why; there are different types of FOREX traders and operators, depending on the
different fluctuations the market has and time respecting researched statistics
and focused markets, along with operations a trader would want to emphasize on
and the invested time.
Kinds of
FOREX traders may be classified into day traders that are interested in one day
period operations, and high frequency trader who are the operators that use
electronic algorithm to monitor statistics and turnover changes, having a more
professional, serious and permanent approach.
