SOCIAL MEDIA AND THE FOREX MARKET
Contributed to the information revolution and congestion social networking sites to facilitate trading in global markets as markets for goods and services in general and financial markets that rely on the Internet in their work, in particular such as the forex market, in addition to the contribution of this catalyst in attracting many people who spend long times on social networking sites on the one hand such as Facebook, Twitter, and Google Plus and others, and chat sites live on the other hand Chalskaab and Yahoo and Hotmail. In addition to blogs that also play an important role in facilitating the process of trading for its information and interaction at the same time. And in this article we will talk about the role of networking sites to facilitate the trade of Forex traders.
Social communication and Forex
Technological development and its impact on facilitating the forex trading through social networking sites
We have helped the development of means of communication also such as telephones and mobile development of computer hardware, which in turn increased the use of social networking sites in abundance to facilitate dealing with the financial markets and to stay abreast of all developments, news and events related to the capital markets, and can rolling through his mobile phone and through the Internet to stay on One of the pages of communication anywhere and this increases the possibility of follow-up of markets and movements first hand. Trading fun may increase through these sites through mutual interaction and thus to stay in constant contact with the environment of trading and this keeps you abreast of the current and expected market movements and allow you to these sites to communicate and exchange ideas and tips and experiences, ideas and strategies, including increasing the knowledge and enrich your experience and your experience in trading .
Facebook is one of the most important means of social communication and due to the large number of users, there are a lot of traders user groups to Forks where the exchange of experiences and dialogues and discussions from which to take advantage of them because of the multiplicity of experiences, featuring Facebook a large number of pages and groups interested in studying the trading market, offering news and technical analysis and recommendations for how to trade, there are pages offering specialized technicians, analysts and financial experts are of them increase the experience and knowledge and look at what’s new in the world of forex and which in turn helps investors and provide them the time and trouble to look in order to make a profit.