Learn Directly from Professionals from Singapore / Leading Investment Bank
Frequently Asked Questions :
1. What is Forex Trading ?
It’s buying and selling of a currency against another currency. You can buy US Dollar by selling Indian rupee. After sometime you can do the reverse to make a good profit.
2. I am a stock trader. What do I gain by moving to Forex trading?
In Forex, if properly traded, the return is atleast 10 times more than stock trading.
3. What is Fundamental analysis?
You buy or sell a currency against another based on a country’s data; Inflation, Exports, Imports,
Employment data etc.
4. What is Technical Analysis?
You buy or sell a currency against another based on Chart patterns.
5. How difficult or easy to identify chart patterns?
Once you learn different chart patterns, it will be easy for you to identify the chart patterns.
6. Do I give you the money and trade?
No. jetaaFx is not a broker. jetaaFx is only a training provider. You need to identify an FX broker and open an account in your name and start trading on your own. Having said, we can help you with identifying a broker.
7. How much money I need to open an account and start trading?
You can start with as low as USD 100 (Rs. 6,500) to open an account and start trading.
8. How long it takes to open an account?
Opening an account via ONLINE will take only a few minutes. Once your application is approved, you need to upload scanned copy of 1 photo identity and 2 address proof. Overall it should not take more than 1 or 2 working days.
9. How do I send money to my account?
You can transfer money via Telegraphic Transfer through your local bank or Credit Card or via eWallet, Skrill, PayPal and approved service providers.
10. How do I get my money back once I start making money?
You can submit deposit withdrawal with your broker. The processing takes a day and the money will be transferred back to your credit account or bank account, the next day.
11. Do I need to pay tax on the profit made through the forex trading?
Please contact your auditor since tax policy is different each year and are country specific.
12. I am attending your training. Will you provide support after the training?
Personal coaching is paid service. However we will create a WhatsApp group and all attendees of that batch will be members. We can share trade ideas and other opportunities.
13. What are items I need to start trading?
A computer or a smartphone with internet connection.
14. Will I be able to become a successful trader?
A positive & calm mind and PATIENCE is the only ingredient of a successful trader.
15. What is the difference between Fundamental and Technical Analysis in Economic terms?
There are two primary methods used to analyze Forex or securities and make investment decisions: fundamental analysis and technical analysis. Fundamental analysis involves analyzing global or the country’s data such as GDP, CPI, PPI, Retail Sales, Employment figures, Wage growth, inflation etc to determine the fair value of the instrument or commodity, while technical analysis assumes that a instrument/commodity’s price already reflects all publicly-available information and instead focuses on the statistical analysis of price movements.
Technical analysis may appear complicated on the surface, but it boils down to an analysis of supply and demand in the market to determine where the price trend is headed. In other words, technical analysis attempts to understand the market sentiment behind price trends rather than
analyzing the fundamental attributes. If one understands the benefits and limitations of technical analysis, it can give a new set of tools or skills that will enable one to be a better trader.
There are several techniques in technical analysis to identify a trend or a reversal of a trend. To name a few –
Support & Resistance
Pattern trading etc
The 2 day program will teach the students both fundamental and technical analysis techniques and also offer some practical tips based on live trading experience of experts from a leading investment Bank in Singapore.