How You Can Catch Turning Points in the Forex Market

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A broker on the other hand is there to listen to what you want and follow those order. Some brokers are given a more analytical and advisory role by their clients but their job mostly involves following instructions from their clients to buy or sell.


When it comes to investing in forex, stocks, futures options and so forth you may need to find yourself a broker. A broker works for what is called a brokerage firm and is able to trade on your behave on the stock market. The question you might ask is do I actually need a broker or not? And the answer is a resounding yes an ordinary person can not walk into the stock exchange and buy and sell you need a broker.

Stockbroker are highly qualified professionals who need to earn that position. Most of them have a masters in finance or some finance discipline. The qualifications needed differ in different countries but the point is you can not buy yourself into becoming a broker you will have to know your stuff.

People make the mistake of thinking a broker and market analyst are the same. These are two very different occupations. A market analyst as the name says analyzes the market and works at figuring out what the securities will do and how they will perform. 

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