Wall Street Academy is home of the most effective educational platform for learning how to trade in the Forex Market, also known as the currency market. What you’re getting when you enroll onto Wall Street Academy is a full mentorship provided by Quillan Black (Cue), and full access to his main group Forever In Profit. Wall Street Academy focuses on one trading style material only from Quillan Black. There are 1000s of ways to make money in the markets, so when it comes to trading, Forever In Profit gives you three different perspectives on how to become a profitable trader based off different trading styles.
Wall Street Academy contains a full online educational platform that gives you step by step phases that educate you on how to trade. There is no prior knowledge needed in order to enroll. Wall Street Academy goes over Psychology training, steps to set up the platform onto your device, technical analysis training phases, past recorded webinars, and downloadable files.
At its simplest, forex trading is similar to the currency exchange you may do while traveling abroad: A trader buys one currency and sells another, and the exchange rate constantly fluctuates based on supply and demand. Currencies are traded in the foreign exchange market, a global marketplace that’s open 24 hours a day Monday through Friday. All forex trading is conducted over the counter (OTC), meaning there’s no physical exchange (as there is for stocks) and a global network of banks and other financial institutions oversee the market (instead of a central exchange, like the New York Stock Exchange).
A vast majority of trade activity in the forex market occurs between institutional traders, such as people who work for banks, fund managers and multinational corporations. These traders don’t necessarily intend to take physical possession of the currencies themselves; they may simply be speculating about or hedging against future exchange rate fluctuations. For example, a forex trader might buy U.S. dollars (and sell euros) if she believes the dollar will strengthen in value and therefore be able to buy more euros in the future. Meanwhile, an American company with European operations could use the forex market as a hedge in the event the euro weakens, meaning the value of their income earned there falls.