June 08, 2016 23:34 ET

Julio Cesar Diaz Witwicki -- Outlines Key Strategies to Trade Forex

MEXICO CITY, MEXICO--(Marketwired - June 08, 2016) - Financial expert and Director of Simple Trading Corporation Limited, Julio Cesar Diaz Witwicki believes that the foreign exchange market provides opportunities for investors, as it turns close to $4 trillion in investments daily. Starting out with forex trading can be very risky for the inexperienced investor, but with proper education, professional guidance, and a simple Internet connection, it has now become a viable option for novice individuals. All forex transactions occur over the counter (OTC) or from computer networks between traders around the world, and not from a central exchange, which is one of the reasons for its higher risk potential, but also for its greater accessibility over other types of investing.

According to the expertise of Julio Cesar Diaz Witwicki, the forex market can be strategically divided into two main categories: hedging and speculating. Hedging is a way for investors to protect against losses by trading currency pairs. By hedging against losses caused by the fluctuation in currencies, they can focus on generating revenues. Traders can also hedge their foreign currency exposures to gain as much as possible from their investments. Most investors, however, will be drawn to speculation strategies, which involve trading financial assets that often have higher risk. Speculation strategy is based on the future market value being higher or lower relative to another currency. Since currency trading depends on active fluctuations, there are a handful of currencies that speculators stick to.

While hedging and speculating deals with the relative value of currencies, Julio Cesar Diaz Witwicki outlines other popular types of currency trading strategies. Arbitrage trades, for example, are when an investor buys and sells the same security at slightly different prices, hoping to make a small, risk-free profit. To generate a substantial profit from these rare investments, however, investors need to trade in large quantities to make up for the small price differentials.

No matter the strategy, Julio Cesar Diaz Witwicki recommends that the investor first develops an understanding of the currencies and their tendencies for fluctuations to begin identifying patterns. Every day, there are many events around the world that create movement in the markets, and knowing the popular currency pairs will aid in understanding where other opportunities lie as well. The new investor must become fluent not just in the currencies, but also in the patterns and indicators on the daily chart, which is the primary tool that most strategies will be based on. Learning to interpret charts can take years, but there are beginning strategies that anyone can read within minutes when shown.

Leader within the technology and finance industries worldwide, Julio Cesar Diaz Witwicki is the Director of Simple Trading Corporation Limited, a leading market expert and pioneer in reliable trading. He is also the Manager and Private Advisor of Strelaline, a Mexican telemarketing company specializing in providing customer care and call center services. Outside of his busy schedule, Julio is involved in many philanthropic activities including actively volunteering at the DESEM Young Entrepreneurs organization and ONG "Manitos Unidas," a non-governmental organization that focuses on the promotion, aid, and development of the Third World countries.

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