Wow good breakout for US stocks today. I hope it last. Look good for currencies as well.
Hey Sive, I would like to ask you whether you think there would be some strange movements than normal for the next 1 month ?
Since you have more than 10 years of experience in forex, you would have been through at least 2 soccer world cups hah. I know a lot of guys are glued to their TV during this time. I am definitely one of them. I will be analysing the matches and betting as well. So only the ladies are gonna be trading ha ha.
Or maybe we should buy ZAR instead since many people are gonna change their currency into something they can use over in africa, but I think the spread is gonna kill us..
What do you think Sive ?
Hi Mandrake,
Including me. I'll be for England
. If they will knock out - may be Spain of Argentina....
Strange movements are very probable during summer - market becomes thin. even decpite World cup. And not only on FOREX - stocks, futures are also in this basket.
Concerning ZAR - I'm not sure...
Sive,
i was just wondering what is your educational background as it relates to trading especially fundamental analysis (degree or certification in economics, finance, banking, etc..) i have a friend who's interested in a similar job as yours but is in need of a little guidance in terms of which degree or certification path she should go.
Looking forward to your response and thanks in advance.
Hi truelife, sorry that didn't respond on the first time - spinning around...
Well, I have degree in Financial management - I've made a fundamental analysis of stocks (Investment valuation) for a long time and if your friend want to do particular this stuff - MBA or bachelor in Financial management is the right choice.
But, trading, in fact, does not demand much - there are 3 very important issue - strategy (or sistem, trading plan), discipline and psychology. Also market mechanic is very important. But as it is - education is not so important. From the other side, If your friend will do well in economics, major link between basic markets, economical cycles. This will help much. And some skills in math are welcomed also.
As you can see, trading is a very multiside work.
Hope this helps