The Great Crash 2017

Konstantin Victorovich Nickitin

Time to begin the report before crash of stock market in 2017 came. And it will be not so small correction, but a 50% collapse. Most of investors do not want it to recognize, expecting continuation of the “bull” market for which record maxima which are reached by share indexes, new startups and primary initial public offerings speak well.

The Great Crash 2017

Konstantin Victorovich Nickitin

© Konstantin Victorovich Nickitin, 2016

ISBNВ 978-5-4483-4555-5

Created with intellectual publishing system Ridero

Introduction

Mistakes inВ trade inВ the market Forex occur for the numerous reasons, but the most common causes ofВ unsuccessful trade happen because ofВ greed and desire toВ earn quickly. Traders who believed that it is possible toВ earn very quickly money at the financial exchange lost deposits very quickly. There is aВ lot ofВ self-confident traders inВ the financial world, they aВ source ofВ the income ofВ clever traders. On the other hand, coverage byВ greed like epidemic increases, decreases together with rise and falling ofВ market prices inВ the foreign exchange market. It is impossible toВ smooth fluctuations ofВ the market byВ means ofВ various the indicator, we have toВ look for the moments on the blank schedule. And it is much more difficult, but more effectively than toВ open transactions on signals ofВ various indicators. Looking at the huge sums ofВ money which start moving around financial believe that it is possible toВ be enriched inВ short terms inВ the financial markets, actually very few traders understand this mechanism ofВ the change inВ price. The victims, whose trading accounts were nullified because ofВ not knowledge ofВ the mechanism ofВ the market always inВ are inВ hope that inВ the following trade everything will turn out and they at last will earn aВ lot ofВ money. Therefore any can come toВ aВ conclusion that ignorance ofВ market mechanisms is inherent inВ participants ofВ the market and without it the market will not exist. Only units manage toВ earn Forex from the market. For this purpose we have toВ learn toВ understand mechanisms toВ earn from the financial exchange.

What is Forex?

The modern international market of a currency exchange which is better known under the reduced English name Forex (for exchange – valyutoobnenny) represents very difficult, multidimensional and even multystoried phenomenon. It the powerful and difficult regularities unknown to most of simple users and absolutely little-known even for, it seems, wave of successful experts on this market operate.

The matter is that initially this interbank market was created to simplify work of international trade. At emergence of the international payments constant need to exchange considerable volumes of currencies led to the fact that banks had to carry out long and difficult procedure of mutual examination and clearing in attempts to learn who has enough the necessary currency and who can sell it at more convenient price. Electronic general platforms on which banks provided on the one hand, the money (liquidity), and with another – own offers on an exchange of certain sums (quotation) were as a result created. As a result Forex worked approximately the same as works stock or any resource exchange is ordinary: the parties offer the prices and when the offer price and the buying price meet among themselves system automatically carries out matching – reduces the necessary volumes and performs operation between them. As a rule, it is made for fractions of a second – this process can be observed in a so-called “exchange glass” in which data on concrete the quotation of various participants of the market flow and it is visible how they are mutually closed.

However, there is aВ lot ofВ such electronic platforms which are engaged inВ the organization ofВ aВ meeting ofВ big players ofВ the financial market. At least 7В the largest ofВ them define the person Forex today. Among them there are platforms ofВ such g