Ara Zohrabian
Bio
Ara Zohrabian, an author and an expert in fundamental and technical analysis. Currently he is a Senior Analytical Expert at IFCMarkets Corp.
Stories (20/0)
10 Most Popular Questions About Forex Trading with Answers
1. What is Forex trading? Forex trading, or foreign exchange trading, involves the buying and selling of currencies on the global market. It is the largest and most liquid financial market, where participants speculate on the price movements of currency pairs. Traders aim to profit from these fluctuations by buying a currency pair when they expect it to appreciate and selling it when they anticipate a decline. Forex trading operates 24 hours a day, five days a week, and is conducted electronically over-the-counter (OTC). The market is influenced by various factors, including economic indicators, geopolitical events, and central bank policies.
By Ara Zohrabian11 months ago in Trader
A Guide to Forex Trading in Canada: Opportunities and Considerations
Introduction: Forex trading has gained significant popularity worldwide, including in Canada. The foreign exchange market offers Canadian traders opportunities to participate in the global currency market and potentially profit from currency fluctuations. However, it is essential to understand the regulations, choose a reliable broker, and develop a solid trading strategy. This article provides a comprehensive guide to forex trading in Canada, including key considerations and steps to get started.
By Ara Zohrabian12 months ago in Trader
Day Trading Strategies Beginners to Get Started
What is day trading? Day trading is a tempting, profit-making career for people who want to trade individually or for a large investment company. There’s plenty of resources online that novices in day trading can use to learn about financial markets, day trading strategies, and more. Here are some tips and advice that I have learned as a professional investor and day-trader that may help you pave your way as a day trading beginner.
By Ara Zohrabianabout a year ago in Trader
How to Make Automated Forex Trading Work for You
What Is Automated Forex Trading Auto Forex trading is a system of trading foreign currencies based on automated forex trading programs using a set of rules that determine whether to buy or sell a currency pair at any given time. Unlike traditional forex trading, essentially automated Forex trading is a software system that allows traders to set rules for entering and exiting trades.
By Ara Zohrabianabout a year ago in Trader
Introduction to Foreign Exchange Market (Forex) For Beginners
What is the Forex Market The foreign exchange market, known as the forex or FX market, is the global market for trading currencies of different countries. The forex market is the world’s largest and most liquid financial market where trillions are traded daily.
By Ara Zohrabianabout a year ago in Trader
How to Trade Forex in Canada in 2023
A practical short answer to the question how to trade forex is to open an account with a forex broker, fund your account by depositing money into your account and then place your trade orders after analyzing the forex market on trading terminals like MT4 and MT5 and the like. All this can be done online.
By Ara Zohrabianabout a year ago in Trader
How To Start Day Trading Crypto
The popularity of digital money is growing exponentially, especially over the past few years, thereby attracting an increasing number of new users. However, beginners may have many problems starting with simply not knowing what cryptocurrency trading is, what strategies should be used when trading it, as well as how to choose a crypto platform for trading.
By Ara Zohrabian2 years ago in Trader
101 to Margin Trading in the Forex Market
Margin trading means borrowing trading assets with the use of borrowed funds provided to a trader by a brokerage company for a certain amount of money (margin), allowing to buy more shares than you could with your own money. By margin trading or trading with leverage, you can increase your returns without having a large amount of capital. Margin trading is one of the key elements of what is CFD trading.
By Ara Zohrabian3 years ago in Trader