www.shukriya.in Forex Mumbai : Forex money changer

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Shukriya Forex
http://www.shukriya.in
shukriya.in

Keywords: forex executive, forex, foreign exchange, money changer

Designation: Forex Executive
Experience: 0 - 5 Years
Location: Mumbai, Mumbai Suburbs
Compensation:
BEST IN THE INDUSTRY
Education:
UG - Any Graduate - Any Specialization;Graduation Not Required
PG - Any PG Course - Any Specialization;Post Graduation Not Required
Industry Type:
Hotels/ Restaurants/Airlines/Travel
Functional Area:
Sales, BD
Posted Date: 07 Oct 2008

Job Description
Purchase and sale of Foreign Curriencies , Travellers Cheques in wide range of currencies.
Business development for forex department
Market the forex by identifying profitable opportunities

Desired Candidate Profile
Should have 1-2 yrs of experience in forex dealing.
-Must be good in business development.
-Good communication skills.
-Exp in working on group movements (religious movements)

Company Profile
Shukriya Forex is a foreign exchange divison of shukriya Travels pvt. Ltd. Requires urgently for its office at south Mumbai.

Executive Name: K Kamil

Address:
Not Mentioned

Email Address: contact@shukriya.net

Telephone: 9892113665

Reference ID:
forex 1

[NikolloFrancheci]

No sane person would jump into the forex market blindly. You might as well set your money on fire if that’s what you’re going to do. Sensible investors study the market carefully first, learn the ins and outs of currency trading -- and even then, before they launch into it, they devise a smart forex trading strategy.


The market is constantly changing and is not always predictable, true. But you still need a strategy, one that allows for unknowns and surprises.Your strategy should begin with how much money you can afford to lose. That may sound like a negative outlook -- after all, the goal is to MAKE money, not lose it -- but common sense tells you that the forex market is a gamble. There are precautions you can take that will make you less likely to lose your initial investment, but there’s no way to guarantee it. Your strategy must allow for the possibility that you’ll take a bath, and for that reason you should never invest more than you can afford to lose.

Another good tip for your trading strategy is to avoid putting all your investments in one currency. What’s the old saying about eggs and baskets? Yeah, don’t put ‘em all in one. Spreading them out makes it much, much less likely that you’ll be wiped out, the way you would if you relied on one currency and it bottomed out.
As you prepare your trading strategy, make yourself aware of what the market is doing right now. Is it trending upward, or downward? What’s the general mood among traders? They all have a strategy, too, and are eager to know what others are thinking.

Consider also what your timeline is. How long do you want to stay in the market before taking your profits and getting out?

Your strategy must also involve learning the timing of the business. Timing is everything: Too late or too early and your potential profit evaporates. As you learn to gauge the market and make trades at just the right time, your profits will increase. A good strategy will factor in this learning curve and allow for a few mistakes at first.

Above all, to prepared to accept surprises when it comes to forex trading. Strategy can only get you so far. The rest is ingenuity and a little bit of luck.