Investment Language 101 Series: TERM OF THE DAY: -- What Is: ' Forex - FX ' | E. 212 | Trading Candle Cheat Sheet Incl. Each Episode.

in #money6 years ago (edited)


A series designed to help all the new people flooding into & entering Crypto/Investments daily who get thrown into the rabbit hole so to speak and everything is new to them.


Bitshares 101 Focus/Resources Section for New Crypto Folks now included near the end of each post - starting just prior to Christmas 2017. BTS is a Decentralized Exchange and much more. Very undervalued!


It is a TLDR / Short Form Series, covering ONLY one thing each episode in blue collar, easy to understand language to give a SHORT OVERVIEW of the term or lesson of the day.

It is specifically designed this way to keep it short and simple.

People can then search out extra info if they wish.

I've never seen a regular series or resource running on Steemit to continually address this basic need so I decided to do it.


TERM OF THE DAY:


What is....

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' Forex - FX "

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Forex (FX) is the market in which currencies are traded.

The forex market is the largest, most liquid market in the world, with average traded values that can be trillions of dollars per day. It includes all of the currencies in the world.

The forex is the largest market in the world in terms of the total cash value traded, and any person, firm or country may participate in this market.

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Bonus Today:

Breaking Down...

' Wealth Management ' :

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Wealth management is more than just investment advice, as it can encompass all parts of a person's financial life. The idea is that rather than trying to integrate pieces of advice and various products from a series of professionals, high net worth individuals benefit from a holistic approach in which a single manager coordinates all the services needed to manage their money and plan for their own or their family's current and future needs.

While the use of a wealth manager is based on the theory that he can provide services in any aspect of the financial field, some choose to specialize in particular areas. This may be based on the expertise of the wealth manager in question or the primary focus of the business within which the wealth manager operates.

Wealth Management Example

For example, those in the direct employ of a firm known for investments may have more knowledge in area of market strategy, while those working in the employ of a large bank may focus on areas such as the management of trusts and available credit options, overall estate planning or insurance options. The position is considered consultative in nature as the primary focus is providing needed guidance to those using the wealth management service.

Wealth Management Business Structures

Wealth managers may work as part of a small-scale business or as part of a larger firm, most often one directly associated with the financial arena. Depending on the business, wealth managers may function under different titles including financial consultant or financial advisor. A client may receive services from a single designated wealth manager or may have access to members of a specified wealth management team.

Strategies of a Wealth Manager

The wealth manager starts by developing a plan that will maintain and increase the client's wealth based on that individual's financial situation, goals and comfort level with risk. After the original plan is developed, the manager meets regularly with clients to update goals, review and rebalance the financial portfolio, and investigate whether additional services are needed and with the goal of remaining in the client’s service throughout his lifetime.



Your Friend in Liberty, Barry.



Trading Candle Cheat Sheet:

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Further Reading/Source/Resources

Friend of the People -- Enemy of the State.

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Bitshares 101 Focus/Resources Section:

for New Crypto Folks.

https://bitshares.org/

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-- Bitshares is a Trading platform, and a LOT more.... designed by blockchain wizard here Dan Larimer - @dan / @dantheman.

I've blogged on him, and BTS many many times.

It's a place you can use that is decentralized, with an active community, to use trading lessons like this, that we are learning together.

Just a few of my past $BTS blogs....

to help you apply lessons today!

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https://steemit.com/bitshares/@barrydutton/crypto-101-series-stan-larimer-the-godfather-of-bitshares-and-father-of-blockchain-liberty-genius-dan-larimer-interview-recently

https://steemit.com/bitshares/@barrydutton/will-blockchain-guru-dan-larimer-be-called-in-to-save-ethereum-as-crypto-kitties-grinds-eth-chain-to-a-halt-the-irony

https://steemit.com/cryptocurrency/@barrydutton/dan-larimer-video-interview-on-epicenter-recently-this-is-a-must-watch-listen-an-in-depth-look-chat-about-his-past-crypto-life

https://steemit.com/steemit/@barrydutton/dan-larimer-community-musical-tribute-post-a-music-video-to-say-thanks-and-best-wishes-to-our-steemit-co-founder

https://steemkr.com/bitshares/@barrydutton/so-tether-project-was-hacked-another-use-case-for-bitshares-and-dan-larimer-blockchain-genius-which-remains-undervalued-and


Thanks for reading, have a nice day.


PixaBay has tons of free pictures for us all to use!!!
Super Easy/Fast Picture Edits / Resizing at: http://www.picresize.com/ and also https://www298.lunapic.com/editor/







If you liked this blog post - please Resteem it and share good content with others!

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Some of my recent blogs:

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https://steemit.com/crypto-news/@barrydutton/5choz7-the-crypto-bloodbath-continues-i-usually-speak-about-perspective-being-a-key-to-things-like-this-today-is-no-different

https://steemit.com/freedom/@barrydutton/272uqi-what-is-liberland-overview-for-new-steemit-liberty-folks-ron-paul-official-speech-recently-at-anarchapulco

https://steemit.com/bitcoin/@barrydutton/cryptocurrency-on-hodl-what-are-you-hodl-g-or-sodl-g-today-26-or-origin-of-hodl-always-included-for-newer-crypto-folks

https://steemit.com/gold/@barrydutton/steemit-gold-silver-report-real-straight-talk-on-gold-right-now-rick-rule-amir-adnani-part-1-video-4-mins

https://steemit.com/crypto-news/@barrydutton/canadian-crypto-mining-computers-heat-winnipeg-business-while-mining-story-makes-national-news-mining-companies-relocating-there

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If you feel my posts are undervalued or you want to donate to tip me - I would appreciate it very much.

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Please note -- I will have limited internet access for awhile -- so PLEASE do not be upset that I cannot reply right away, or to everyone. I am dealing with some changes, and will have limited time online and will be happy if I get a few blog posts up a week.
This has really upset some people but I do not force my opinions on others, or need to communicate every detail of my life or issues, most people do not care anyways. I invested around 10 hours or more a day on Steemit most of my first 13 mths here, trying to build community, put out content and engage people, help and donate to people, and I just do not have that time in my life right now, and that includes for replies and voting/curation.
I have done my best, sorry if you do not understand like some are clearly having a problem with. It's a blogging platform, and I will do my best at everything, and to keep blogging.
Carry On.

Sort:  

Hi thank you for this explanation. I am very ignorant when it comes to trading and stock exchanges and the like. Your post has given me some insight.

I treat my blog like an information service usually, always knowing new people to crypto / investing etc arrive daily.

You are welcome.

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Quit spamming posts with generic replies leading people away from posts.

Hope we all benefit from your post
Your sincere wishes for writing important posts @barrydutton

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