У нас есть стратегии, ресурсы, видеоматериалы и электронные учебники, которые помогут вам достичь успеха
The Art of Investing: Lessons from History's Greatest Traders | The Great Courses L4
Ray Dalio's INVESTING Strategy & Advice - #MentorMeRay
>FHow The Economic Machine Works by Ray Dalio
Линда Рашке является поистине уникальным трейдером. Время становления ее как профессионального биржевого спекулянта пришлось на тот период, когда женщины на бирже практически не воспринимались в качестве серьезных участников финансовых рынков. Став за короткий срок талантливым техническим трейдером и аналитиком, создав большое количество профессиональных торговых систем и методов анализа, которые и в настоящее время продолжают оставаться актуальными и возможными для применения, она доказала всему миру, что биржевая игра — это не сугубо мужское дело.
То, что Линда Рашке является выдающимся трейдером и управляющим, доказывает ее уникальный опыт. За последние 30 лет она не допустила ни одного убыточного года. Этот результат — абсолютный рекорд, который говорит о том, что Линда Рашке не только обладает широкими знаниями в трейдинге, которые может стабильно и с успехом применять в своей работе, но и умеет виртуозно подстраиваться под цикличность рыночных изменений.
В 1996 году Линда Рашке в соавторстве с Ларри Коннорс пишет и публикует книгу «Биржевые секреты». Повествование выстроено как диалог между двумя профессиональными техническими трейдерами, которые рассуждают о торговых системах, методах фиксации прибыли и убытков, стабильности в торговле, подкрепляя беседу примерами тактик и систем трейдинга на разнообразных финансовых активах с результатами сделок по тем или иным моделям.
Многие из моделей, описанные Линдой Рашке в этой книге, были известны и ранее, однако после публикации «Биржевых секретов» они стали повсеместно популярны, и порой авторство тех или иных торговых методов, представленных Линдой, приписывают ей самой, что не совсем верно: по большей части автор книги оптимизировал их под современные на тот момент финансовые рынки. Среди множества описанных тактик торговли встречаются паттерны «Три индейца» и «Волны Вульфа», паттерн «Расширение диапазона», позволяющий ловить неграмотных трейдеров в момент необдуманного входа в уходящий рынок, «Двойная точка остановки» и т.п. Эти модели были известны и ранее, однако Линда Рашке дала им новую жизнь, снабдив системными правилами использования и большим количеством примеров.
Также среди популярных тактик, описанных в книге «Биржевые секреты», представлена стратегия «Святой Грааль», позволяющая зарабатывать значительные средства в развивающемся тренде. Причем автор однозначно дает ответ на вопрос о том, как идентифицировать тренд и открыть сделку по направлению движения.
И, разумеется, нельзя не сказать о двух великолепных тактиках торговли, дающих трейдеру отличные возможности для заработка на любых типах рынка в среднесрочной перспективе. Это модели «Черепаховый суп» и «Черепаховый суп +1», которые являются обратными тактиками к классическим пробойным методикам «Черепашьего трейдинга» Дениса Ричардса и Уильяма Экхарда. Линда Рашке разработала эти модели, дабы нивелировать флетовую динамику ценовых изменений, которая может губительно сказаться на пробойных стратегиях работы в случае, когда на рынке отсутствует тренд.
«Биржевые секреты» — одна из самых полезных книг для трейдеров, работающих над формированием собственной торговой системы. Несмотря на то, что книга появилась в 1996 году и в торговле Линды Рашке многое изменилось, паттерны и стратегии, описанные в книге, остаются актуальными для торговли на валютном рынке Форекс и по сей день.
The currency exchange rate between two currencies, both of which are not the official currencies of the country in which the exchange rate quote is given in. This phrase is also sometimes used to refer to currency quotes which do not involve the U.S. dollar, regardless of which country the quote is provided in.
For example, if an exchange rate between the British pound and the Japanese yen was quoted in an American newspaper, this would be considered a cross rate in this context, because neither the pound or the yen is the standard currency of the U.S. However, if the exchange rate between the pound and the U.S. dollar were quoted in that same newspaper, it would not be considered a cross rate because the quote involves the U.S. official currency.
The value of one currency expressed in terms of another. For example, if EUR/USD is 1.3200, 1 Euro is worth USD 1.3200.
Leverage is the ability to gear your account into a position greater than your total account margin. For instance, if a trader has $1,000 of margin in his account and he opens a $100,000 position, he leverages his account by 100 times, or 100:1. If he opens a $200,000 position with $1,000 of margin in his account, his leverage is 200 times, or 200:1. Increasing your leverage magnifies both gains and losses.
To calculate the leverage used, divide the total value of your open positions by the total margin balance in your account. For example, if you have $10,000 of margin in your account and you open one standard lot of USD/JPY (100,000 units of the base currency) for $100,000, your leverage ratio is 10:1 ($100,000 / $10,000). If you open one standard lot of EUR/USD for $150,000 (100,000 x EURUSD 1.5000) your leverage ratio is 15:1 ($150,000 / $10,000).
The deposit required to open or maintain a position. Margin can be either "free" or "used". Used margin is that amount which is being used to maintain an open position, whereas free margin is the amount available to open new positions. With a $1,000 margin balance in your account and a 1% margin requirement to open a position, you can buy or sell a position worth up to a notional $100,000. This allows a trader to leverage his account by up to 100 times or a leverage ratio of 100:1.
If a trader's account falls below the minimum amount required to maintain an open position, he will receive a "margin call" requiring him to either add more money into his or her account or to close the open position. Most brokers will automatically close a trade when the margin balance falls below the amount required to keep it open. The amount required to maintain an open position is dependent on the broker and could be 50% of the original margin required to open the trade.
The difference between the sell quote and the buy quote or the bid and offer price. For example, if EUR/USD quotes read 1.3200/03, the spread is the difference between 1.3200 and 1.3203, or 3 pips. In order to break even on a trade, a position must move in the direction of the trade by an amount equal to the spread.
- The major Forex pairs and their nicknames:
- Understanding Forex currency pair quotes:
You will need to understand how to properly read a currency pair quote before you start trading them. So, let's get started with this:
The exchange rate of two currencies is quoted in a pair, such as the EURUSD or the USDJPY. The reason for this is because in any foreign exchange transaction you are simultaneously buying one currency and selling another. If you were to buy the EURUSD and the euro strengthened against the dollar, you would then be in a profitable trade. Here's an example of a Forex quote for the euro vs. the U.S. dollar:
The first currency in the pair that is located to the left of the slash mark is called the base currency, and the second currency of the pair that's located to the right of the slash market is called the counter or quote currency.
If you buy the EUR/USD (or any other currency pair), the exchange rate tells you how much you need to pay in terms of the quote currency to buy one unit of the base currency. In other words, in the example above, you have to pay 1.32105 U.S. dollars to buy 1 euro.
If you sell the EUR/USD (or any other currency pair), the exchange rate tells you how much of the quote currency you receive for selling one unit of the base currency. In other words, in the example above, you will receive 1.32105 U.S. dollars if you sell 1 euro.
An easy way to think about it is like this: the BASE currency is the BASIS for the trade. So, if you buy the EURUSD you are buying euro's (base currency) and selling dollars (quote currency), if you sell the EURUSD you are selling euro's (base currency) and buying dollars (quote currency). So, whether you buy or sell a currency pair, it is always based upon the first currency in the pair; the base currency.
The basic point of Forex trading is to buy a currency pair if you think its base currency will appreciate (increase in value) relative to the quote currency. If you think the base currency will depreciate (lose value) relative to the quote currency you would sell the pair.
Bid and Ask price
The bid is the price at which the market (or your broker) will buy a specific currency pair from you. Thus, at the bid price, a trader can sell the base currency to their broker.
The ask price is the price at which the market (or your broker) will sell a specific currency pair to you. Thus, at the ask price you can buy the base currency from your broker.
The spread of a currency pair varies between brokers and it is the difference between the bid and ask the price.
Pepperstone is an STP broker to provide clients with direct access to other participants in the currency market by consolidating price quotations from several banks. Pepperstone clients have instant access (Straight Through Processing) to some of the best prices with extremely tight spreads.
Pips and Pipettes
Pepperstone quotes currency pairs by "5, 3 and 2" decimal places - these are known as fractional pips or pipettes.
On a 5 decimal place currency pair a pip is 0.00010
On a 3 decimal place currency pair a pip is 0.010
On a 2 decimal place currency pair a pip is 0.10
For example: If GBP/USD moves from 1.51542 to 1.51552, that .00010 USD move higher is one pip.
A margin call is a warning message that occurs when a trader's account is running out of sufficient funds to sustain their current open positions on the market.
If the market moves against a trader's position/s, additional funds will be requested through a "margin call".
If there are insufficient available funds, the trader's open positions will be closed out
If a trader's Equity (Balance - Open Profit/Loss) falls below a specific margin level which is the amount required to support open positions, then the trader's positions will automatically be closed.
This is calculated as follows for the MetaTrader 4 platform: Equity / Margin = < 20%
This is calculated as follows for the cTrader platform: Equity / Margin = < 50%
Hedging refers to the opening of a new position in the opposite direction of an existing position on the same instrument.
For example: To hedge a 0.1 lot Buy position on AUD/USD, you would open a 0.1 lot Sell position on AUD/USD
No additional margin is required to hedge a position. It is important to note that one cannot open a new position on an account with insufficient usable margin.
Forex trading may also generate interest income as well as capital gains. Since forex is traded in pairs, every trade involves not only two different currencies, but their two different interest rates.
If the interest rate of the currency a trader bought is higher than the interest rate of the currency a trader sold, then the trader will earn interest or "rollover" (positive roll).
If the interest rate on the currency the trader bought is lower than the interest rate on the currency you sold, then the trader will pay rollover (negative roll).
Rollovers/swaps can add a significant extra cost or profit to a trade. The rollover amount increases/decreases as the position size increases/decreases.
Rollovers take place at 5pm EST (New York Time)
EA's are algorithmic programs that have been developed to open trades on behalf of investors on the MetaTrader 4 platform. Expert Advisors are based on signals generated by various technical indicators and may be acquired online.
Multi Account Manager account types on the Meta-Trader 4 platform are designed for Money Managers who trade on behalf of other investors and manage multiple accounts from a single interface. Money Managers can also manage multiple accounts by utilising Expert Advisors (EAs).
This is a term used to describe trading an alternative currency or instrument that is less volatile as a result of market turmoil and uncertainty. Safe haven currencies or instruments are considered low risk because their issuing governments are stable and their economies tend to be strong, however, this does not necessarily mean that they are 'safe'.
Allows you to open a new position with just one click
CFD is an affordable and popular financial traders tool. But if you still understand the details, you will be wondering what the definition of CFD is?
“Contract for Difference” (CFD) is an agreement in which an investor buys a contract, waiting for a change in the value of a certain financial product. By purchasing CFD, you do not buy the underlying asset. This means that you can use leverage to increase the size of the contract using a smaller deposit.
CFD trading is an affordable way for forex traders to speculate on the most popular financial markets, such as forex or stocks.
If you want to invest in the movement of the US dollar against the euro, or you have a feeling that Facebook shares will grow rapidly, instead of spending thousands on shares, you take a CFD. Contract for Difference (CFD) allows you to use a fraction of the total value of the lot to invest.
The standard lot size when trading in Forex is 100,000 monetary units (dollars, euros, etc.), although you can also trade in mini lots (10,000) and micro lots (1000).
When you open your trading account, you deposit money into your account, which is your balance or your capital. If you want to open a CFD, you can use the existing leverage to create a margin for your transaction.
For example, if the available leverage is 10: 1, you can put 1000 dollars to get an investment of 10,000 dollars. $ 1,000 is your margin (deposit), and an affordable 10: 1 leverage means that you are ready to make a profit or loss based on the total cost of $ 10,000.
Thus, if your transaction grows by 2% to 10,200 dollars and you close your position, you will receive a profit of 200 dollars. Your initial margin was $ 1,000, so you made a profit of $ 200 on your margin of $ 1,000, which is equivalent to 20% of the profits. However, if the transaction fell by 2%, your loss of $ 200 means that you would lose 20%.
This extremely simplified example also does not take into account the fees associated with the transaction. Some brokers may charge a commission or a fixed commission on any transaction, as well as on a spread.
Trading in financial markets has its own language, so before you start work, you need to understand the basics. One of the most important terms, and perhaps the most complex, refers to spreads and margins. Although there are many variables, but this is a very simple explanation of how margin works and the potential for profit or loss.
If you look at the difference between the purchase (buying) price and the selling (selling) price, the difference is called the spread. If the GBP / USD market rate is 1.34550, the purchase / sale price can be displayed as 1.34540 (bid) / 1.34560 (demand).
This is a 2.0 pip spread, which means that you are buying 1 pip below the current market rate, and you will need to change your investment to go beyond 2 pips to make a profit in your trade. Many brokers say that they offer narrow spreads, which is a narrower gap between the market rate and the purchase / sale price.
Since the spread is where the brokers make their profits, and with a very narrow spread, it is likely that they will also take over the commission on the total amount of your transaction. Depending on the size of your transaction, it may be more profitable for you to pay a fixed fee (for larger transactions) or choose to pay the spread for smaller transactions.
With a margin, you can place trades at full value using a smaller amount as a deposit. When you open your trading business, the amount you deposit into your trading account will be used as a margin for trading. If your trading account was $ 1,000 and your leverage was 10: 1, you could open a trade for $ 10,000. You do not need to use all margins in a single transaction.
Now you are investing in stocks in the amount of 10,000 US dollars, and their value increases by 10%, and the total value is 1,000 US dollars. Your promotion is now worth 11,000 dollars. When you close a deal, you make a profit of $ 1,000 with a margin of $ 1,000, which is 100% profit.
However, if you placed the same transaction, but the stock fell by the same amount of 10%, you will lose 1000 dollars, that is, all the margin you invested in the transaction.
Financial trading has its own language, which may seem difficult for beginners and trade learners. Once you understand how everything works, you can begin to build a reliable trading strategy, which is one of the most important factors for successful trading.
In Prime Capitals, we offer CFD trading (contract for difference), which is the most affordable way to start trading. Contract for difference allows you to speculate on the movement of major financial markets without buying real stocks.
Since CFDs require less cost, this means that more people can trade on the markets.
Forex trading is the act of buying one currency for another. They are presented in the form of currency pairs. Thus, when the price is indicated, it means that one unit of the first currency will buy the second currency.
Traders buy or sell these pairs depending on how they think currencies will act against each other. In the GBP / USD pair, if you think that the pound will grow against the dollar, you would buy GBP / USD.
If you think that the pound will lose value against the dollar, you will sell GBP / USD. However, you are not just buying several currencies, as if you were going to a currency exchange office near your office, for example. You invest in "many" currencies. Standard lot is 100,000 of any currency. You can also trade mini lots (10,000) and micro lots (1000).
But when you start trading forex, you do not need to buy 100,000 dollars. Instead, you use CFDs to speculate on the changing value of a total lot.
Let's say you have a trading account with $ 1,000 on it. You think that the pound will grow against the US dollar, so you decided to buy the GBP / USD for the difference (CFD) contract. Your broker offers you a 30: 1 margin.
This means that for every dollar you put, you have access to thirty dollars. This increased margin gives you leverage, that is, the ability to invest in a larger lot using smaller investments from your own account. Keep in mind that you are not “buying” an asset.
You simply buy a contract that says you are ready to invest in the movement of the market, which you hope will be upward. To work out the necessary stock. To understand how much you will need to deposit for 1 lot of GBP / USD, while the pound is worth $ 1,400. Of course, you only have $ 1,000, so in this case, you can trade on a mini or micro lot.
Margin on a mini lot: $ 2,142
Micro Lot Margin: $ 214
When you receive a CFD, you begin to look at the movement of the market in order to track your profits and losses. The movement of one unit in any market is called a pip (price index point). The pip is measured from the fourth decimal. The exception is the Japanese yen, where it is the second decimal number. As this number increases or decreases, it represents a profit or loss per unit of your investment. A pip always refers to the currency indicated second on your currency pair.
For example, if your account is in pounds sterling and you trade EUR / GBP, then one point is 10 pounds sterling (1 lot), 1 pound sterling (mini lot) and 0.10 pounds sterling (micro lot). Whatever your currency pair, the pips will be 10, 1 or 0.1 of the second currency, depending on your leverage / margin. To calculate the value in your own currency, simply divide the value in points by the exchange rate of your currency. Therefore, regardless of the overall movement of the pip in any direction, multiply it by the pip value to calculate your profit / loss.
When trading CFDs in other markets, margin and leverage are still applied. However, the size and cost of the lot vary. Lot size per share is 100 units. In merchandise and futures trading, it can vary depending on the commodity, while gold is 100 troy ounces or 5,000 troy ounces per silver.
As with any CFD, your profits and losses are determined by moving points or by changing the value of the asset. A detailed explanation of spreads and markups is available.