Forex Trading/Investing Explained

[@yegirish]

I always appreciate this channel pouring cold water on the internet's various scams and get-rich-quick schemes.

[@petergruffen8668]

Interested in making new trading connections? Look at my youtube about me page!

[@Va47i]

>Average individual probably doesnt worry much about forex. Argentina: Am I a joke to you?

[@knockhello2604]

Ur from there? I don't get it

[@Andoresu96]

We basically operate on a "dual currency" system, where everyday transactions are done I pesos, but valuations are done in US dollars, highly correlating the inflation and exchange rates.

[@knockhello2604]

@@Andoresu96 thnxs

[@TheDalmax08]

I see pesos crocantes everywhere

[@tomlxyz]

Maybe Argentinians are not average

[@MapAtlass]

As soon as I hear Forex trading I think of scammers😅

[@manuelsantiago222]

So sad, there's so much good content, so many good systems and traders around. It's just that the scam and the scammers scream louder. xD

[@MapAtlass]

Manuel Santiago Where?

[@preciousnduka8182]

The Icelandic Investor I’m into crypto investment and the company i invest with is reliable and trustworthy because I get paid as promised whenever I invest, I’m sure there more companies like that because anything fake was copied from the original.

[@MapAtlass]

Precious nduka Yeah not everybody is a scammer 😁

[@preciousnduka8182]

The Icelandic Investor yes

[@Fontenoy_]

7:08 "the lira has fallen quite a bit" : that's a very light way to say it

[@burakg8789]

man its way dramatic now. Check it out

[@_VISION.]

I wonder who is destabilizing their economy by making it dangerous.

[@manuamanya6667]

BRO CHECK İT NOW

[@apacheattackhelicopter8185]

In countries that chronically experience high inflation like Turkey and Russia people will buy USD and Euro just to protect their savings. Also if you want to invest in foreign stocks, many ETFs are hedged against FX risk.

[@knockhello2604]

Yeah

[@DG-um3xi]

Why are ETFs hedged against FX?

[@knockhello2604]

@@DG-um3xi same

[@alexnezhynsky9707]

Little do they know, the printers are going crazy at both the Fed and the ECB

[@apacheattackhelicopter8185]

@@DG-um3xi Because ETF is in Euro but invests in American stocks which are in USD

[@JoshOlawale]

This is really well done!! Definitely forwarding this to some people who have been suckered in to FX scams. When they ask me about "forex" I tend to go on a long rant about economic parity conditions - I think this video will be more effective!

[@petergruffen8668]

the waffle house has found its new host

[@wendynoble6545]

You're a natural teacher! You should have your own courses.

[@cindysuber5518]

He does I just enrolled for it today

[@cindysuber5518]

:-(+. 1. 5. 8. 5. 3. 2. 6. 1. 2. 6. 1)-:

[@phobi3545]

these are his courses lol

[@LargeBanana]

@@Danielkaas94 LMAO hahhaaha

[@petergruffen8668]

Hello everyone interested in talking to other traders? Check my bio for more info

[@Steephhnnn]

The animations on these videos are subtle but very underrated

[@chartchampion9144]

Thank you for sharing your comments. People have been complaining about a crypto broker that can help in trading. I recommend Francis anthony+ 4 4 7 9 8 4 3 7 8 1 6 9

[@callumfrank]

Very well explained video, one that folks really need to watch. I’m 50, retired a while at 45. I have 35% of my capital invstments in an IRA, 25% in index funds, and the balance spread across other investment accts, in cumulative of over $ 6M. I receive income from my rental properties too. Zero debt and all is going accordingly.

[@kristennn850]

Living below ones means & investing is difficult but it's necessary. I've made lots of money mistakes in the past but I don’t regret it as I've learnt from them. Now I’m just focusing on the s&p 500 and waiting for a few years.

[@callumfrank]

Yeah that's a good path. You should focus on a good ETF of the s&p 500, relax back and watch it compound within the years.

[@callumfrank]

In my case Klaus Cassius has helped me to do that proficiently. I'm not a guru so I don't really have fascinating strategies. I work and my consultant does the rest.

[@funtechu]

I remember looking into forex trading about 10 years ago, and the leverage that they use is just nuts. Leverage of 1:100 and 1:200 are incredibly common.

[@hurdur6828]

Yeah, as a ForEx traded, 50:1 or 100:1 is most optimal since foreign currencies only move like half of a percent a day

[@daniel-blessmannjoroge6483]

There is even 1:888

[@KFGustavo]

that's also common in crypto, which is funny since crypto moves like 10% in a day by itself lol

[@funtechu]

@@KFGustavo Crypto is essentially Forex since it also involves the trading/exchange of currencies. When trading crypto you are buying/selling quantities of another currency. But yeah, using high leverage for crypto is just Dumb with a capital D.

[@TheBeezNeez180]

Could you do an explanation of trading commercial paper and how investment banks make money other than their primary objective of raising capital? Love your channel. Severely underrated.

[@thatcryptoenthusiast4968]

Why don't you invest on a more secure forex trading platform that let's you monitor your account yourself and also monitor your progress as well, I trade with Mr Gregory Foster's trading platform and I receive weekly profits

[@thatcryptoenthusiast4968]

Contact him using whatsapp

[@thatcryptoenthusiast4968]

1 3 1 6 3 3 3 7 5 8 9

[@GeoSebastians]

The answer is here : it's not the investments themselves, but the commission on every trade. kzbin.info/www/bejne/rX6ZlqulZZWHa6s

[@ZuluNinja]

You just made this subject so simple and clear. Thank you so much.

[@ahmadobeidat1648]

I hope you will talk and explain more about the currency exchange market... and thank you for your efforts

[@petergruffen8668]

Great video right? Wanna meet more likeminded people? Check my youtube bio for more info!

[@alexnezhynsky9707]

Sounds like the risk reward is worse than trading stocks. In the long term, all fiat currencies are sinking ships. In your example, when you made $350 on the USD/CAD trade, the USD devalued for a reason, so by the time you sell, you can potentially afford less things with $1350 than you did a year ago with $1000. That's a very extreme and unlikely scenario, but you get the point. All central banks are printing like crazy this year, so you're certainly going to lose if you remain long be it USD, EUR, CAD, etc. You better trade like a pro so you can stay ahead of inflation. See inflation works against you if you hold fiat currencies but it's actually neutral or even beneficial if you hold stocks. But to each his own I guess

[@mihirp9546]

2:02 he does the Canadian "abouut" lol

[@OHYS]

He is Canadian

[@shivambarke]

Love your content 🔥 💯

[@cindysuber5518]

I'd and vice you contact him on mail👇

[@ankushshah1720]

Whatever he is teaching 95% of it is covered in CFA.

[@stoopid8833]

This is helping me understand my corporate finance course

[@TPK23]

Great video man, thanks for breaking this down!

[@maclennanld]

I too miss standard Cherry coke being widely available in Canada, everywhere I look they are only offering diet cherry coke

[@leprechauninc]

Sir you left out going to your bank where you have a checking account, and ask your banker to switch it. When you want to redeem take the foreign currency back, and deposit. Your local bank is a safe exchange that isn't going to run away with your money.

[@leprechauninc]

I left out while the person is in the bank ask your banker to talk. This is how I began FX. My bank was there to hold my hand a bit. When I want to redeem for domestic currency that I use day/day I simply brought the cash back, and deposited at the exchange rate that day. Bank charge fees. Mine was around 6% Some more some less.

[@jorge86rodriguez]

I understand in the macroeconomic sense fx has important job to fulfill. My issue with fx as a retail traders is that there is not a centralized exchange, and that is the main reason why there are so many abnormalities in the fx investing world. If someone wants to do fx is safer to do futures there are even fx contracts with all the principal pairs but managed by a centralized exchange.

[@thatcryptoenthusiast4968]

Why don't you invest on a more secure forex trading platform that let's you monitor your account yourself and also monitor your progress as well, I trade with Mr Gregory Foster's trading platform and I receive weekly profits

[@thatcryptoenthusiast4968]

[phone]

[@thatcryptoenthusiast4968]

Contact him using whatsapp

[@DusttNZ]

Another quality vid! Thanks Richard,

[@ysxninja]

About time you covered forex.. Great video!

[@ysxninja]

Do a video on futures?

[@ThePlainBagel]

kzbin.info/www/bejne/Z37LnGeLfa-miMU :)

[@ysxninja]

@@ThePlainBagel How about leverage? What defines good leverage, and how to use it effectively ?

[@businessguide6219]

Amazing! Never thought I'd be finish watching this video!

[@VTC05]

I buy Euro annd use Euro to buy dollars for my US stocks portfolio. When the pandemic started I lost 9-10% of my money as the Euro stayed at 4.8 (my currency) and the dollar fell from 4.5 to 4.1 (around 9%). Bye bye couple hundered dollars :(((

[@honkhonk8009]

yep. US dollar gonna depreciate a bit.

[@Alfaomegabravo]

If you live in poor/turbulent country its not a bad idea to have some cash reserves in dollars or euro depending on where you live if you need to flee or to protect against very high inflation. You know before the government limits you from exchanging your local currency.

[@edukationsuccess2622]

Omg I love your content ! You inspire me to start my own KZbin channel. I want to make video like yours so my channel can look more professional. Do you mind to share with me what software you use? Is it doodle or video scribe

[@ThePlainBagel]

I draw everything myself using GIMP and animate on Adobe Premiere Pro. Good luck with your own channel!

[@dav0625]

Many thanks for this video, very interesting, and efficient !

[@ChrisComeau]

Awesome simple explanation, thanks!

[@randybrickson4290]

"plethora of other factors" was spoken in this video, a video that I regard as highly informative 5:24

[@rodolfocorrea2886]

Are international stocks traded on the NYSE affected by currency fluctuations at the company’s country of origin/operation? Not sure if you made a video about this yet. Thanks for the amazing content!

[@arekkusu888]

At 1:43 you are showing the symbol of the Japanese Yen instead of the Chinese Yuan.

[@je.m3320]

0:30 yeah we need the fractional shares tooo

[@chartchampion9144]

Thank you for sharing your comments. People have been complaining about a crypto broker that can help in trading. I recommend Francis anthony

[@Scarlett-zv1yb]

Highly educational. I love it.

[@chartchampion9144]

Thank you for sharing your comments. People have been complaining about a crypto broker that can help in trading. I recommend Francis anthony+ 4 4 7 9 8 4 3 7 8 1 6 9

[@OfficialAlexWoo]

one of most important factor is the liquidity

[@raynellwilliams706]

This is helpful. Thank you

[@12nites]

"...overall political and economic stability is a key determinant of a currency value..." No llores por mi Argentina!

[@mateovazquez6685]

Jajaja, saludos desde Mardel!

[@林雁雁-z3d]

Will war and price inflation also affect?

[@december12ist]

So Plain Bagel, do you think the Vietnamese dong is going to revalue. I see that a lot more items are exported from Vietnamese but maybe these items aren't as important oil.

[@TheRilai]

Your videos are amazing, thank you

[@robertmccully2792]

How about explaining after hours trading, how is that possible, and what does it mean to those that can’t?

[@favourreuben8123]

I can tell you all about that

[@chrissain4710]

If you can't just have a professional do it for you in real-time, learn and earn, best way to grow in investments, although I'd suggest starting with a trader that uses insurance just in case, if you don't know one I can give you the email of the one I've been using all year, she's really good

[@TheTaquitoProject]

@@chrissain4710 your person took a shit in front of my door so I would step in it.

[@KostasAdamos]

Dear The Plain Bagel could you please gray a bit your background or something it is way too bright in large monitor. Thank you!

[@sudhanvakashyap297]

yes i agree

[@ThePlainBagel]

Appreciate the feedback, I'll be changing my set up soon so I keep that in mind!

[@adityarathod5330]

Whatever your name is, i have watched most of your content. AND I WILL BE CALLING YOU ALBERT WESTER FROM NOW ON. Thanks for the money.

[@waynetonbrooks186]

Always great content

[@fififinance7469]

Thanks for this video. Any advice on investing outside your home country? How often would you normally trade?💪👍

[@thatcryptoenthusiast4968]

I advise you seek a professional to guide you through your trades, I trade with Mr Gregory, he will help you out with all you need to know on how to make profits from forex trading, speak to him directly using whatsapp

[@thatcryptoenthusiast4968]

[phone]

[@shahzai4202]

dang really wanted to be first, keep up the great videos man, Love it!!

[@Exachad]

Close tho

[@tomlxyz]

Why tho

[@shahzai4202]

@@tbird-z1r childhood friend of the plain bagel, I thought it would make him laugh lol. just a kind hearted internet joke lol.

[@nomiscph]

Fun fact: Denmarks currency DKK are bound to the EUR Before the EUR existed, it was the German DEM it was bound to.

[@michaeltran2420]

I make huge profits on my investment since I started trading with Anna Lawerence , her trading strategies are top notch coupled with the little commission she charges on her trade.

[@michaeltran2420]

You can reach her on tele gram her user name is investwithAnnaLawerence

[@Kim-ur3jk]

Well done! Thank you

[@fadyibrahim5611]

Hmmm..... i thought this was all about trading your ex......... not about money.....

[@jona4385]

I mean i did trade my ex for money on a foreign exchange

[@Je.rone_]

I think we all can agree There's nothing more annoying than someone trying to sell you their Forex course or group membership The only close to that is KZbinrs who comment on other people's videos to promote their own channel like myself

[@StonekeepNeapolitan]

you rock Richard!

[@grimwaltzman]

In any country with volatile currency, foreign ones, mostly USD and sometimes EUR, are the most available way of investing for people with relatively small amounts of money. My "financial cushion" is mostly USD and EUR with only 10% being in my country's currency. So when I see americans talking about how the inflation destroys their savings I often cry on the inside.

[@E23-q3t]

Like your video! What do you think about these: 1. FX Liquidity does not matter whether it is from closing a long or short position, it can be taken by MM/banker/any trader to open as a long or short position. Is this statement true or false? 2. Because FX is a zero sum game, if the liquidity is worth USD$10.01m it cannot be taken one cent more or less it must be digested exactly with the same amount by the MM/banker/any trader. Is this statement true or false?

[@林雁雁-z3d]

Can foreign exchange be a stable investment? can i ask you

[@CrushedParagon]

I definitely feel the pain of finding cool stuff in the US living in Canada. I'll get all to the cart before getting hit with $50 shipping and having to reluctantly give up on what I was going to buy because fuck that.

[@famouslos7918]

I lost over $70k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that’s what everyone said. I’m still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I’m really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Loice Martha

[@wuziwu8148]

If the currency conversion is favourable due to wide margins does it make sense to speculate and concert currency similar to 52 week high/lows? I understand this is speculation but it seems like a low risk high reward investment. Any thoughts?

[@robertkacala]

US budget deficit soars to $3tn record...more printing less value

[@thestranger252]

That's why you should not hold USD as your cash lol. To this point it had an aproximative 7% inflation and more inflation is on its way. Compare that to EUR that had a 0.3%...

[@samsonsoturian6013]

Dude, it isn't have that simple. Population and GDP go up while money supply stays the same, then DEFLATION will occur. Like it did when Grant was President because there was not enough gold mined to keep up with the growth of the US, so unlimited silver minting occurred.

[@HEWILLRISE93]

But is it possible to go full-time retail trading in forex?

[@HEWILLRISE93]

@Frank B Warren ok thats what i needed to hear

[@samsonsoturian6013]

Only if you're either a degenerate gambler or a High-Frequency Trader with a supercomputer.

[@sudhanvakashyap297]

nice...nice description

[@Drugs_Explained]

So the Albanian currency is severly undervalued. Buy buy buy

[@daniel-blessmannjoroge6483]

Not every undervalued currency or commodity or stock should be bought

[@samsonsoturian6013]

Currencies aren't stocks. They have no intrinsic value.

[@SofiaRodriguez-k2k]

I'm killing two birds with one stone. I've just begun my forex learning journey, and I'm simultaneously leveraging automated forex bots to trade on my behalf. It's the perfect blend of learning while earning, and I must say, it's making the process a whole lot easier for me! Hehe🙂

[@priestland1]

Get an advert from Greg Secker before the video starts.

[@jonathon5075]

Apparently some of the big Russian oligarchs got their entire fortunes from this kind of currency exchange with rubles vs. dollars back when the Sovient union fell

[@cessmo_kaynush]

So does it mean in forex you buy another currency and wait for it to add value in order to make profit

[@PrivateVideoaccount]

Yes that's what it simply means.

[@floxy20]

Like the casino which offers roulette, poker, blackjack, craps, etc. the money world offers currency trading, which the average retail investor should stay the hell away from. The U.S. portion of my stock portfolio pays my dividends in U.S. currency. That's enough of a hedge for me.

[@MrC0MPUT3R]

Cherry coke is the worst. Fight me.

[@sandraratcliffe6453]

Are you Canadian?

[@rageoid]

I thought Canadians only drank Molson ?

[@norvusordoseclorum]

My man has heard of Albania!

[@xK9547]

Great video

[@MichelleHell]

I got really good at forex after blowing out my account several times. Eventually I decided to take my strategy to crypto without leverage and my strategies worked. My trading strategy wasn't bad, it's just that the leverage will autoliquidated you so you cant HODL through a dip that destroys your equity. But on crypto I can buy, HODL a dip of any magnitude and wait to sell for a profit, even if it is several years.

[@zoeyluna1352]

I make huge profits on my investment since I started trading with Anna Lawerence , her trading strategies are top notch coupled with the little commission she charges on her trade.

[@zoeyluna1352]

You can reach her on tele gram Her user name is investwithAnnaLawerence

[@leadingauctions8440]

Wishful thinking Canada.

[@albertmartinez8529]

Have fun trying to earn money on forex with fundamental analysis

[@devilex121]

The goal for MOST people is not to "earn money" but rather to have hedges against various currency risks and further diversify their portfolios. You'd need to be using HFT algos in order to even consider making consistent returns on FX trading alone.

[@papajohnsuk5965]

video proves its point when u have forex trading ad b4 for only '$299'😅, people suck

[@Seadoor123]

Commenting for the KZbin algorithm

[@graymars1097]

Jesus Christ Plain bagel 🥯 is there anything you can do as the owner of the channel to get rid of these spam comments?! Not complaining just really asking for help

[@ThePlainBagel]

Yea it's been pretty bad lately...I'll reach out to KZbin and see if they can provide a solution.

[@dumolollen7676]

😬😬😬😬 1$= 75 rupees in India

[@knockhello2604]

:/

[@gabbar51ngh]

Dollar is world reserve Currency. Rupee is from Socialist india

[@samsonsoturian6013]

@@gabbar51ngh India is many things, but you know that ain't one of them

[@gabbar51ngh]

@@samsonsoturian6013 it is Socialist.

[@samsonsoturian6013]

@@gabbar51ngh liars burn in hell with their tongues removed.

[@XxpitbulxX009]

one donut half donut finance

[@Argenswiss]

funny how in the US and Canada forex is irrelevant for your average Joe, meanwhile even 10 yo kids in Argentina know that for us buying dollars is pretty much a cheat code investment

[@Argenswiss]

if you are planing to stay here of course

[@hellomate6079]

How to become a Forex broker?

[@favourreuben8123]

I can tell you all that

[@samsonsoturian6013]

There's degree requirements and certification tests and THEN you get a job at a brokerage.

[@taylorlee2147]

Smashed the like button on this . Several intelligent people are terrible investors because they face the market with untrained psychology and untamed emotions. . You need to keep raw, irrational emotion under control.

[@pragmatiste]

Just short Turkish liras until 2023 june. Trust me guys it's been proven for 20 years.

[@Blancheivey]

Anyone with the right means can invest and dominate the trading market but I prefer to invest under direct supervision from my investment manager, as working with his level of expertise yields me colossal profits frequently

[@Amrishpoduri]

Wish I was able to make connections like that

[@kevinleyles1193]

Blanche Ivey These are times when investing has become the prior task for achieving actual success

[@Josep61]

Blanche Ivey Just recently I bumped into a service like the one with your investment manager and I’m really considering a partnership

[@Blancheivey]

Kevin Leyles It sure is, future conditions could only reduce the level of job availabilities so it’s safe to secure a viable means of regular income and nothing else does it better than investing

[@Blancheivey]

Joseph P. Tilman That’s a good hunch for an investor but also follow your wits and always invest less than you can bare to lose the first couple of times

[@Billlambert-ij4in]

Having earned thousands of dollars in the trading market, I dare not doubt the profitability of the cryptocurrency market. Get a weekly income of 10600 euros even in this time of recession and high inflation. Britney is doing a great job, She is the right woman to lead the investment business.

[@MrTable-sk9bh]

I'm surprised I don't see any scams in the comment section.

[@lennonSystems]

The best currency is ILS (Israeli New Shekel), I recommend you looking for it. I’m living here and never change it to anything else, everything else has horrible inflation.

[@butterfacemcgillicutty]

You can't get cherry coke in Canada? That sucks

[@antheman5156]

Great knowledge and content. You should do one about Bitcoin next

[@PR-ek9jl]

If you want to learn about Bitcoin visit "Simply Explained" or "99 Bitcoins". Those channels have a lot of content on BTC and cryptocurrency. Don't forget to subscribe so you'll get more content, but I'd suggest you'd learn through an expert, was how I started my portfolio, now I'm 60% BTC, 30% ETH, 10% ADA & XRP. I can direct you to my broker, she'll set you up real good

[@tubanbodyslammer9125]

I heard forex is just a money pit

[@Hyperpandas]

Lol, I see what you did there....

[@knockhello2604]

@@Hyperpandas oh

[@oliviadaniel9555]

No,it is not

[@roibrycker8897]

GV

[@bhargav7476]

In the next 50 years, after WW3 lead by the USA and China, I think there will be one global currency system. This idea has its pros and cons, Economics Explained has a great video on this topic

[@alexnezhynsky9707]

A lot of traders will lose their "jobs"

[@gabbar51ngh]

China will fall apart before that happens

[@JuanRodriguez-be1vf]

Great content! Whoever dislikes this, is probably a TikTok'er....

[@kilppa]

Money printer go brrr

[@chartchampion9144]

Thank you for sharing your comments. People have been complaining about a crypto broker that can help in trading. I recommend Francis anthony+ 4 4 7 9 8 4 3 7 8 1 6 9

[@Nikolleshi]

Albanian lek i liked that😁😁

[@undercoverlord]

Last

[@finance3660]

From india - Like

[@luisriba8082]

80 percent of trading is about psychology. The 20% you figure that out ..

[@thatcryptoenthusiast4968]

Contact him using whatsapp

[@thatcryptoenthusiast4968]

[phone]

[@nate4this]

Aboot

[@mephistoss238]

Rip euro

[@aqua7222]

I’m 5th 😀

[@garrettparker4349]

ah

[@aqua7222]

ha

[@nicolastorres147]

13:28 r/unexpectedfactorial