O que é forex trader 1

What Is a Forex Trader and How to Become One.

As a forex trader, you buy and sell currencies on a foreign exchange market. Your duties include performing research or analysis on a currency pair. Your responsibilities include finding situations in which a forex transaction has a chance to be profitable and carrying out a purchase on a trading platform. Some forex traders make trades at the request of a client. In these cases, you focus on carrying out the transaction as requested. Forex traders can either work for banks and hedge funds or trade independently. Some traders use charts and math for analysis, while others rely on news and economic data.

How to Become a Forex Trader.

The qualifications that you need to become a forex trader include analytical skills and knowledge of foreign exchange markets. If you perform quantitative analysis, you need knowledge of statistics and, in some positions, computer programming languages. Employers typically prefer traders who have a degree in math, statistics, finance, or economics. Some employers seek applicants who have a track record of success in forex markets. Some funds and banks hire entry-level employees to perform analysis while they learn the skills to become a trader. Since most trading activity takes place online, you need computer skills to be successful in this job.

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