IDEAS home Printed from https://ideas.repec.org/a/eur/ejesjr/286.html
   My bibliography  Save this article

The Creation of the Convenient Investment Strategy in Forex

Author

Listed:
  • Daniela MajerÄ Ã¡ková

    (PhDr., PhD., MBA, Faculty of Management FMCU, Comenius University in Bratislava, Slovakia)

  • Michal GreguÅ¡

Abstract

Forex that belongs into the biggest and the most widespread financial markets in the world has the daily turnover that is assessed to more than 5 trillion USD. This fact is at the same time a temptation for investors and attracts them to trade in this market. Only the small percentage from this daily turnover is made of the business of governments and companies, that purchade in foreign countries or need to exchange foreign currency for the domestic one. The majority consists of the speculative business. Speculative business is based on the expectations of a speculator on the future rise or fll of exchange rate, that he plans to earn money on. In this case, we are talking about the market with unpredictable environment. It is controlled by the crowd of people who create the most extensive financial market of the world by their mutual purchasing and selling foreign currencies. The aim of this paper is to create the convenient investment strategy on the basis of the analysis of foreign exchange market. We have used the description for the fulfillment of this aim and consequently we have focused on business strategies as the fundamental and technical analysis and its use in the real trading. We have described the development of trading in the chosen market and period by means of fictitious account on the platform Metatrader4. Consequently, we have analysed the influence of the particular factors on the results of investing in Forex

Suggested Citation

  • Daniela MajerÄ Ã¡ková & Michal GreguÅ¡, 2019. "The Creation of the Convenient Investment Strategy in Forex," European Journal of Economics and Business Studies Articles, Revistia Research and Publishing, vol. 5, January -.
    • Handle: RePEc:eur:ejesjr:286
    DOI: 10.26417/ejes.v5i1.p80-88
    as

    Download full text from publisher

    File URL: https://revistia.com/index.php/ejes/article/view/5484
    Download Restriction: no
    File URL: https://revistia.com/files/articles/ejes_v5_i1_19/Majercakova2.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.26417/ejes.v5i1.p80-88?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eur:ejesjr:286. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Revistia Research and Publishing (email available below). General contact details of provider: https://revistia.com/index.php/ejes .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.