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Virtual Trading and the Global Economy


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13 replies to this topic

#1
Nadilapars

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We have seen the rise of the virtual world in the twenty first century, which is a world that exists entirely on the internet. The currency that is used  is known as bitcoin, but it does not possess any physical form. Bitcoin has now become a widely used currency, especially in China, the economic powerhouse. However, the lack of physical form makes bitcoin completely different to what money should be. 

A long time ago, the value of money was exactly what it was made of. Gold coins were made, and their value depended on the amount of gold in circulation. Nowadays, most money is printed on paper, which does not have that much value. Therefore, the government can print as much money as it wants as long as it has the cheap materials needed to print the money.

For More Detail : Virtual Trading and the Global Economy

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#2
aliforex

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forex is one of the things we need to try to achieve a good success and indeed in general this business is very influential at all in changing lives as traders often learn and try then everything can be profitable


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#3
bearhugs

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Forex can be the best to earn money here but there are many limitations for many traders. Traders should need knowledge and skills for trading with risk management. Not every other person can survive this business with their trading work.


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#4
myregister

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Hm, it is quite hard but BTC is commodity and it is not currency. The price is so volatile just like other commodities, you can trade it but it is very risky considering that the price is keep falling right now and just recover a bit. But for the global trading,it is still worthy especially when paired with currency such as USD or JPY.


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#5
aliforex

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Hm, it is quite hard but BTC is commodity and it is not currency. The price is so volatile just like other commodities, you can trade it but it is very risky considering that the price is keep falling right now and just recover a bit. But for the global trading,it is still worthy especially when paired with currency such as USD or JPY.

the existence of a good forex trading commodity in trading it will help us achieve good merchandising plan and can be more profitable, so what we do will be more successful


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#6
myregister

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Yes, thanks to the globalization of foreign exchange and its leverage which contributed a lot to lower minimum deposit we can achieve the current state of foreign exchange where there are a lot of traders around trade in different decentralized brokers. It also helps forex to increase their liquidity to the new heights.


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#7
sidejob

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Yes, thanks to the globalization of foreign exchange and its leverage which contributed a lot to lower minimum deposit we can achieve the current state of foreign exchange where there are a lot of traders around trade in different decentralized brokers. It also helps forex to increase their liquidity to the new heights.

Decentralization is the key here that makes the price for each broker become competitive because there isn't just one place for broker to quote and they provide as low as price as it can without sacrificing the fees and the profit they would get. It also improve fx turnover which basically improved in the last 20 years.


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#8
myregister

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I must say that is because of the internet which makes forex cost friendly even still high risk compared to the other business. Leverage in modern forex also bring a big impact to the small to medium retailer trader because it will make them easier to speculate on the market rather then before with no and small leverage.


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#9
Sininfinity

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Leveraged products are subject to market risk. But also other investment activities which does not use leverage also has it's own risk. The thing is without leverage we can not trade in the market and make a decent profit. In past there were no leverage and only wealthy individuals and large banks could trade forex.


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#10
sidejob

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Leveraged products are subject to market risk. But also other investment activities which does not use leverage also has it's own risk. The thing is without leverage we can not trade in the market and make a decent profit. In past there were no leverage and only wealthy individuals and large banks could trade forex.

Thanks to leverage we can trade like what we are right now, and actually if we are wise when it comes to spend our leveraged money, we can control the risk well and in the end will give us better profit, well as long as you also have a profitable strategies to use.


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#11
Sininfinity

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Thanks to leverage we can trade like what we are right now, and actually if we are wise when it comes to spend our leveraged money, we can control the risk well and in the end will give us better profit, well as long as you also have a profitable strategies to use.

 

As long as we don't abuse leverage, it's all good. And leverage can not harm us in any way. But the moment we start thinking like with leverage we can make huge money overnight then we are done for. The market always does not reward the greedy and we should take caution while trading.


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#12
sidejob

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As long as we don't abuse leverage, it's all good. And leverage can not harm us in any way. But the moment we start thinking like with leverage we can make huge money overnight then we are done for. The market always does not reward the greedy and we should take caution while trading.

Yes, nothing wrong with use leverage the problem is over leverage. It increases our chance to become a greedy traders. I don't like to see a broker which offers such high leverage like 1:1000 or even more that is so much unrealistic to me and usually the broker which offers that much leverage are scam brokers.


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#13
Sininfinity

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Yes, nothing wrong with use leverage the problem is over leverage. It increases our chance to become a greedy traders. I don't like to see a broker which offers such high leverage like 1:1000 or even more that is so much unrealistic to me and usually the broker which offers that much leverage are scam brokers.

 

Being competitive brokers have to offer high leverage. It is up to the traders to use the leverage he needs and apply proper risk management to his trades. My used leverage is 1:500 and I have been using it since a long time. Remember leverage is an option that brokers offer. Whether we use it wisely or abuse it depends on us.


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#14
Gee Dee

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There is no doubt that, we are enjoying the digitization of monetary standards and we are trading on various online trading platforms. And forex being the virtual trading platform offers currency exchanges on a global platform and it is contributing to the global economy to a large extent. And being the players of largest currency market in the world, forex market, traders can engage in foreign currency trading from anywhere around the world.


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