What is the Forex market? • What is Forex? – The basics… Basically, the Forex market is where banks, businesses, governments, investors and traders come to exchange and speculate on currencies. The Forex market is also referred to as the ‘Fx market’, ‘Currency market’, ‘Foreign exchange currency market’ or ‘Foreign currency market’, and it is the largest and most liquid market in the world with an average daily turnover of $3.98 trillion. The Fx market is open 24 hours a day, 5 days a week with the most important world trading centers being located in London, New York, Tokyo, Zurich, Frankfurt, Hong Kong, Singapore, Paris, and Sydney. It should be noted that there is no central marketplace for the Forex market; trading is instead said to be conducted ‘over the counter’; it’s not like stocks where there is a central marketplace with all orders processed like the NYSE. Forex is a product quoted by all the major banks, and not all banks will have the exact same price. Now, the broker platforms take all theses feeds from the different banks and the quotes we see from our broker are an approximate average of them. It’s the broker who is effectively transacting the trade and taking the other side of it…they ‘make the market’ for you. When you buy a currency pair…your broker is selling it to you, not ‘another trader’. • A brief history of the Forex market Ok, I admit, this part is going to be a little bit boring, but it’s important to have some basic background knowledge of the history of the Forex market so that you know a little bit about why it exists and how it got here. So here is the history of the Forex market in a nutshell: In 1876, something called the gold exchange standard was implemented. Basically it said that all paper currency had to be backed by solid gold; the idea here was to stabilize world currencies by pegging them to the price of gold. It was a good idea in theory, but in reality it created boom-bust patterns which ultimately led to the demise of the gold standard. The gold standard was dropped around the beginning of World War 2 as major European countries did not have enough gold to support all the currency they were printing to pay for large military projects. Although the gold standard was ultimately dropped, the precious metal never lost its spot as the ultimate form of monetary value. The world then decided to have fixed exchange rates that resulted in the U.S. dollar being the primary reserve currency and that it would be the only currency backed by gold, this is known as the ‘Bretton Woods System’ and it happened in 1944 (I know you super excited to know that). In 1971 the U.S. declared that it would no longer exchange gold for U.S. dollars that were held in foreign reserves, this marked the end of the Bretton Woods System. It was this break down of the Bretton Woods System that ultimately led to the mostly global acceptance of floating foreign exchange rates in 1976. This was effectively the “birth” of the current foreign currency exchange market, although it did not become widely electronically traded until about the mid 1990s. (OK! Now let’s move on to some more entertaining topics!)… What is Forex Trading? Forex trading as it relates to retail traders (like you and I) is the speculation on the price of one currency against another. For example, if you think the euro is going to rise against the U.S. dollar, you can buy the EURUSD currency pair low and then (hopefully) sell it at a higher price to make a profit. Of course, if you buy the euro against the dollar (EURUSD), and the U.S. dollar strengthens, you will then be in a losing position. So, it’s important to be aware of the risk involved in trading Forex, and not only the reward. • Why is the Forex market so popular? Being a Forex trader offers the most amazing potential lifestyle of any profession in the world. It’s not easy to get there, but if you are determined and disciplined, you can make it happen. Here’s a quick list of skills you will need to reach your goals in the Forex market: Ability – to take a loss without becoming emotional Confidence – to believe in yourself and your trading strategy, and to have no fear Dedication – to becoming the best Forex trader you can be Discipline – to remain calm and unemotional in a realm of constant temptation (the market) Flexibility – to trade changing market conditions successfully Focus – to stay concentrated on your trading plan and to not stray off course Logic – to look at the market from an objective and straight forward perspective Organization – to forge and reinforce positive trading habits Patience – to wait for only the highest-probability trading strategies according to your plan Realism – to not think you are going to get rich quick and understand the reality of the market and trading Savvy – to take advantage of your trading edge when it arises and be aware of what is happening in the market at all times Self-control – to not over-trade and over-leverage your trading account As traders, we can take advantage of the high leverage and volatility of the Forex market by learning and mastering and effective Forex trading strategy, building an effective trading plan around that strategy, and following it with ice-cold discipline. Money management is key here; leverage is a double-edged sword and can make you a lot of money fast or lose you a lot of money fast. The key to money management in Forex trading is to always know the exact dollar amount you have at risk before entering a trade and be TOTALLY OK with losing that amount of money, because any one trade could be a loser. More on money management later in the course. • Who trades Forex and why? Banks – The interbank market allows for both the majority of commercial Forex transactions and large amounts of speculative trading each day. Some large banks will trade billions of dollars, daily. Sometimes this trading is done on behalf of customers, however much is done by proprietary traders who are trading for the bank’s own account. Companies – Companies need to use the foreign exchange market to pay for goods and services from foreign countries and also to sell goods or services in foreign countries. An important part of the daily Forex market activity comes from companies looking to exchange currency in order to transact in other countries. Governments / Central banks – A country’s central bank can play an important role in the foreign exchange markets. They can cause an increase or decrease in the value of their nation’s currency by trying to control money supply, inflation, and (or) interest rates. They can use their substantial foreign exchange reserves to try and stabilize the market. Hedge funds – Somewhere around 70 to 90% of all foreign exchange transactions are speculative in nature. This means, the person or institutions that bought or sold the currency has no plan of actually taking delivery of the currency; instead, the transaction was executed with sole intention of speculating on the price movement of that particular currency. Retail speculators (you and I) are small cheese compared to the big hedge funds that control and speculate with billions of dollars of equity each day in the currency markets. Individuals – If you have ever traveled to a different country and exchanged your money into a different currency at the airport or bank, you have already participated in the foreign currency exchange market. Investors – Investment firms who manage large portfolios for their clients use the Fx market to facilitate transactions in foreign securities. For example, an investment manager controlling an international equity portfolio needs to use the Forex market to purchase and sell several currency pairs in order to pay for foreign securities they want to purchase. Retail Forex traders – Finally, we come to retail Forex traders (you and I). The retail Forex trading industry is growing everyday with the advent of Forex trading platforms and their ease of accessibility on the internet. Retail Forex traders access the market indirectly either through a broker or a bank. There are two main types of retail Forex brokers that provide us with the ability to speculate on the currency market: brokers and dealers. Brokers work as an agent for the trader by trying to find the best price in the market and executing on behalf of the customer. For this, they charge a commission on top of the price obtained in the market. Dealers are also called market makers because they ‘make the market’ for the trader and act as the counter-party to their transactions, they quote a price they are willing to deal at and are compensated through the spread, which is the difference between the buy and sell price (more on this later). Advantages of Trading the Forex Market: • Forex is the largest market in the world, with daily volumes exceeding $3 trillion per day. This means dense liquidity which makes it easy to get in and out of positions. • Trade whenever you want: There is no opening bell in the Forex market. You can enter or exit a trade whenever you want from Sunday around 5pm EST to Friday around 4pm EST. • Ease of access: You can fund your trading account with as little as $250 at many retail brokers and begin trading the same day in some cases. Straight through order execution allows you to trade at the click of a mouse. • Fewer currency pairs to focus on, instead of getting lost trying to analyze thousands of stocks • Freedom to trade anywhere in the world with the only requirements being a laptop and internet connection. • Commission-free trading with many retail market-makers and overall lower transaction costs than stocks and commodities. • Volatility allows traders to profit in any market condition and provides for high-probability weekly trading opportunities. Also, there is no structural market bias like the long bias of the stock market, so traders have equal opportunity to profit in rising or falling markets. While the forex market is clearly a great market to trade, I would note to all beginners that trading carries both the potential for reward and risk. Many people come into the markets thinking only about the reward and ignoring the risks involved, this is the fastest way to lose all of your trading account money. If you want to get started trading the Fx market on the right track, it’s critical that you are aware of and accept the fact that you could lose on any given trade you take.

Wah Jangan Sampai Salah Mengolah Nih !! 7 Bahan Pangan Ini Bisa Menjadi Racun Bila Kita Salah Mengolahnya

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Wah Jangan Sampai Salah Mengolah Nih !! 7 Bahan Pangan Ini Bisa Menjadi Racun Bila Kita Salah Mengolahnya



Semua orang pasti setuju bahwa makanan adalah sumber nutrisi dan energi bagi tubuh. Namun siapa yang menyangkan bila beberapa bahan pangan dalam kondisi tertentu bisa berubah menjadi sumber malapetaka bagi tubuh karena munculnya zat berbahaya, seperti senyawa alami mikroba, residu pencemaran dan senyawa alami sintetis.

Sebelum kamu menjadi salah satu korban kamu harus mengetahui beberapa soal senyawa beracun yang terdapat dalam beberapa bahan pangan yang mungkin sering kamu konsumsi. Kalau senyawa ini sudah terlanjur masuk kedalam tubuh dikhawatirkan kamu bisa keracunan, selain itu gejala keracunan dari tiap bahan pangan masing-masing berbeda.

  • Singkong, Umbi-umbian Kaya Karbohidrat yang Mengandung Sianida

Dalam keadaan mentah singkong mengandung racun linamarin dan lotaustralin yang apabila dikonsumsi singkong mengeluarkan racun bernama sianida. Tanda-tanda keracunan singkong diantaranya mual, muntah, pusing, diare dan berujung kematian bila dikonsumsi dalam jumlah besar.

Sebelum dikonsumsi alangkah baiknya merendam singkong dalam air hangat selama beberapa hari lalu masak hingga sempurna, bila yang kamu konsumsi adalah singkong manis hanya memerlukan pengupasan dan pemasakan untuk mengurangi zat sianida.

  • Tahukah Kamu Kalau Biji Apel yang Tertelan Bisa Melepaskan Sianida Saat Tertelan?

Hal ini bisa terjadi karena biji apel mengandung zat bernama amygdalin didalamnya, zat ini akan berubah menjadi sianida bila telah berinteraksi dengan enzim pencernaan. Namun kamu tidak perlu risau karena kandungan sianida dalam biji apel sangatlah kecil, bila dikakulasi dibutuhkan sekitar 200 biji apel untuk mencapai sianida dosis tinggi, Jadi kamu tidak akan tewas bila menelan 3-5 biji apel.

Tapi ada kemungkinan keracunan yang ditandai dengan keringat berlebihan, detak jantung tidak teratur, muntah, sakit perut dan suli bernafas. Kalau kamu tidak ingin mengalami hal itu konsumsilah daging apel dan hindari bijinya.

  • Sama Seperti Singkong Kentang Juga Termasuk Dalam Umbi-umbian yang Beracun, Terutama Racun Chaconine dan Solanin

Tidak semua kentang memiliki kandungan racun Chanonine dan Solanin yang tinggi, ada beberapa kriteria kentang yang patut kamu hindari. Ciri-cirinya sebagai berikut, rasanya pahit, banyak mata, bertunas dan memiliki lapisan bewarna hijau pada kulit kentangnya. Bila kamu terpaksa mengkonsumsi kentang dengan ciri-ciri tersebut rendam terlebih dahulu dalam larutan air garam, simpan ditempat yang sejuk, gelap dan kering.

Bila kamu setelah makan kentang dalam jangka waktu 8-12 jam merasa mual, sakit perut, mengalami gangguan detak jantung, sakit kepala, diare, muntah, sesak nafas atau mengalami sensai terbakar di mulut kemungkinan kamu mengkonsumsi kentang yang beracun.


  • Bayam Memang Mengandung Zat Besi, Tapi Kalau Tak Hati-hati Asam Oksalatnya Dapat Membentuk Batu Ginjal

Rata-rata orang memasak bayam didalam air mendidih tanpa menggantinya dengan air yang baru, ini adalah cara yang salah dalam memasak bayam. Bila diteruskan bisa menyebabkan batu ginjal, fungsi menggantinyan dengan air rebusan baru ialah mengurangi kadar asam oksalatnya. Walau terkesan sepele jangan kamu menyepelekannya, awal mulanya sih cuma mengalami gangguan pencernaan, tapi lama kelamaan kamu mengalami kram perut, muntah, mengalami gangguan peredaran darah, pecahnya pembuluh darah hingga kematian.

Rata-rata orang memasak bayam didalam air mendidih tanpa menggantinya dengan air yang baru, ini adalah cara yang salah dalam memasak bayam. Bila diteruskan bisa menyebabkan batu ginjal, fungsi menggantinyan dengan air rebusan baru ialah mengurangi kadar asam oksalatnya. Walau terkesan sepele jangan kamu menyepelekannya, awal mulanya sih cuma mengalami gangguan pencernaan, tapi lama kelamaan kamu mengalami kram perut, muntah, mengalami gangguan peredaran darah, pecahnya pembuluh darah hingga kematian.

  • Jangan Sesekali Mengkonsumsi Tomat yang Masih Hijau, Karena Terdapat Racun Atropin dan Solanin Didalamnya

emang terkesan konyol memang ada orang yang mau mengkonsumsi tomat yang belum matang, tapi ada kemungkinan mereka yang mempunyai rasa ingin tahu tinggi ingin sekali mencobanya. Racun atropin dan solanin bukan hanya terdapat pada tomat tapi juga terdapat pada daun dan batangnya, jadi jangan sekali-kali kamu mengkonsumsinya karena sangat berbahaya.

Memang terkesan konyol memang ada orang yang mau mengkonsumsi tomat yang belum matang, tapi ada kemungkinan mereka yang mempunyai rasa ingin tahu tinggi ingin sekali mencobanya. Racun atropin dan solanin bukan hanya terdapat pada tomat tapi juga terdapat pada daun dan batangnya, jadi jangan sekali-kali kamu mengkonsumsinya karena sangat berbahaya.

Bila kamu mengkonsumsinya kamu akan mudah letih, menggigil, mengalami pendarahan pada sistem pencernaan, migrain, kelumpuhan dan paling parah adalah kematian.

  • Kacang Merah yang Tidak Diolah Dengan Benar Lebih Baik Tidak Kamu Konsumsi

Bila kamu mengkonsumsinya kamu akan mudah letih, menggigil, mengalami pendarahan pada sistem pencernaan, migrain, kelumpuhan dan paling parah adalah kematian.

Kacang Merah yang Tidak Diolah Dengan Benar Lebih Baik Tidak Kamu Konsumsi

Dalam kondisi mentah dan dimasak kurang sempurna kacang merah menyimpan begitu banyak racun fitohemaglutinin yang tergolong ke dalam racun lektin. Bila terkonsumsi bisa menyebabkan nyeri perut, mual, muntah dan diare, biasanya gangguan pencernaan ini hilang dalam jangka waktu 4-5 hari tanpa pengobatan. Sebelum memasak rendamlah kacang merah dalam air bersih selama 5 jam, setelah itu rebus dalam air mendidih selama 10 menit, kemudian diamkan selama 45-60 menit hingga teksturnya lembut.

  • Kalau Tidak Ingin Mengalami Masalah Susah Buang Air Besar Masaklah Jengkol Dengan Benar

Dalam biji jengkol terdapat kandungan asam jengkolat, jika kamu masak jengkol sembarangan kamu bisa mengalami masalah susah buang air kecil karena saluran kencing tersumbat akibat asam jengkolat. Untuk mengurangi asam jengkolat pada biji jengkol kamu bisa membuang bijinya, rendam dalam air bersih selama beberapa jam dan melakukan perebusan.

Dan jangan sekali-kali kamu mengkonsumsi jengkol dalam keadaan mentah, begitupun dengan petai china jangan konsumsi dalam keadaan mentah. Selain terganggunya saluran kencing nafasmu menjadi bau kamu juga akan mual-mual.


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