 Okay, good evening everyone. So, welcome po sa webinar natin. Check ko lang po kung naririnig ako. Clear naman po yung audio. Yes ma'am, clear po. Okay, thank you so much po. So, yan, thank you po sa mga dito na sa webinar natin. So, we still have four minutes po to start. So, wala po si Miss Rosely ngayon. Nagkawin po siya ng issue sa internet connection. That's why me and Pastor Shem will take over. Good evening po sa lahat. Welcome po sa ating webinar. Welcome Pastor Shem, welcome po. Si na po si Teakmill Webinars or Admin po? So, wala po si Miss Sally ngayon. So, kami po yung mag-handle ng webinar for tonight. May I know po kung si na dito yung bagong attend? Ngayon lang naka-attend ng webinar. Si Sir John Carlo, you can raise your hand po or pwede kayong magchat sa chat box natin. Si Sir Kenneth. Si Miss Angelian. So, welcome po. Hopefully, marami kayong matutunan sa webinar natin for tonight. Okay, so, meron pa ko ba? So, welcome po sa mga matagal ng ma-attend ng webinars. Maraming salamat po sa pangtangkilik sa webinar namin. Si Sir Alvin. Si Miss Claire Pabunan. Si Miss Edwina. Sir Emmanuel. So, mga familiar na po yung name. So, matagal na po tayo na kakasama-sama. And I think yung iba po na tawagan ko na. Nakausap ko na over the phone dito. Okay, so, bago tayo mag-start. A few announcements lang po. So, right now, on-going po yung demo contest natin. So, sa mga nag-join sa demo contest, good luck po. Galingan nyo po sa pag-de-trade. So, yung resultan ng demo contest natin will be posted tomorrow, 1 pm in the afternoon. Tapos, sa mga webinar attendees para pumakateng kayo ng advanced session na NFP, Sa December 8, we highly suggest to open a live account with at least $100. So, para po makapag-trade tayo ng sabay-sabay. So, iba pa rin po pag may support system kayo at may mga kasabay kayong mag-trade. Then, for advanced session, starting Monday, December 4, para po makapag-receive kayo ng recording ng webinar, dapat po meron na kayong live account sa take meals. So, kahit wala naman po deposit as long as meron po kayong live account or verified account. So, nakapagsubmit na kayo ng KYC documents at na-approved na po. Okay, so, another announcement. Yung 20% deposit bonus natin extended po siya until December 31. So, take advantage po sabay kayo sa trading namin sa December 8. So, NFP, then you can claim also your 20% deposit bonus. So, additional capital po siya para po makasimize yung trading nyo. So, kung may familiar dito sa mga bonuses, iba po to sa mga bonuses na ino-offer ng other brokers kasi ito po, pwede nyo ma-widro. So, as long as ma-meet nyo po yung requirement. So, meron po lot size requirement. So, additional capital po talaga siya. So, hindi po siya yung mga unang na-uubos pag nag-trade kayo. Okay? And of course, I highly encourage everyone to join our 4x video contest. So, sa mga mahirig mag-tik-tok, mag-facebook reels, chance nyo na po ito. So, ma-ipapakita nyo po yung trading knowledge nyo, yung trading skills. Or kung may mga tips kayo, trading tips kayo nagustong ishare sa lahat para makatulong tayo sa mga capwa traders natin. Share nyo po, gawa po kayo ng video. Maximum po, one minute lang po. So, short video lang siya. Pwede nyo po yung ishare sa Instagram, tiktok, and then Facebook Reel. So, tag nyo lang po si Teakmill Philippines. Nyan po. So, it's also your chance to win cash price and Teakmill corporate merchant guys. Okay? So, hanggang December 8 po yung contest. Okay? So, hopefully mag-join po kayo. Sayang naman po. You can help. You can share your trading strategies or your tips. And at the same time, may chance po kayong manano. Okay? And also, looking forward to meet you all December 30. Tentative pa ito, pero na-announce ko na po. Possible makaramputayon ng meet and greet. So, ano araw ba yung December 30? Saturday. So, yon, Saturday. So, bago mag-new year, sana po mag-kita-kita tayo. So, to be announced pa po yung time and then yung venue. Okay? Then, yon. So, para po sa mga attendees, gusto makakuha ng certificates ng webinar. As long as meron po kayong five attendance, pwede po namin kayong sendan ng certificates. And also, I would like to announce na yung deposit, yung minimum deposit natin from $100, pwede na po kayong mag-deposit ng $50. So, true dragon pay lang po. So, yung sa G-cash and then online banking. Okay? So, may nakalimutan po bako pastor Shem? Bukang nakover mo naman lahat mam. Okay. Okay. Thank you, pastor. And also, sa mga attendees po ngayon, please use your real names or yung totong pangalan nyo po dito sa Zoom. Para po makasali kayong mamaya sa Wheel of Names. So, mamaya po, idodraw natin yan and then pipilipo tayo ng tatlong winners. Lock it, draw po ito. At yung tatlong winners mananalo ng corporate giveaways. Okay? So, change siya po yung names nyo sa totong pangalan nyo. Okay. All right. So, hi sir Richard Angelis. Yes po, this is not in English. We are conducting our webinars in Tagalog to support and cater to Filipinos. But if you could understand Tagalog, ano naman po, it's a combination of English and Tagalog. So, if you could understand, we would love to have you here. So, you can also message me on my Facebook account, Ms. Kathleen, I will be sending the link later. Or Pastor Shem, can you send the Facebook of Ms. Sally in my Facebook account? So, that Ms. Richard can contact me. So, I would love to talk to you about trading. Let's see how we can connect, how we can help each other. Oh, I see. So, nakaliseib kayo ng invitation in London. I will check on that. But Mr. Richard, thank you so much for attending our webinar. All right. So, it's already 6.05. I would like to call on Pastor Shem to lead our opening prayer. Thank you po. Para po sa kailangan, kailangan may mga kanakanyang paniniwala, really just believe. Hayaan nyo po na kami sa dito as mam Sally's communicating yung time na ito na isped natin for prayer. I allow nyo lang po for us to pray kasi ito po yung baga part na ating programa. So, sige po tayo po ay nanalangin. Nakilang jos kami po ay nagpapasalamat sa gabing ito. Marami salamat panginon sa time na pinagalob mo sa bawat isa, sa bawat attendees na nandito panginon. Na-alord ang mga isi-share na ni Ms. Kathleen. Ang mga bagay na mapag-usapan dito ay maging isang malinaw na knowledge, kaalaman na magagamit namin para makadagdag sa aming mga sources of our income. Mga bagay na pwede namin magamit para matupadang aming mga pangarap na wapanginon ay begin mo kami na maganda internet connection. Hayaan mo panginon na maging maayos ang aming mga audio at mga visuals panginon. At nawa panginon ay ang transfer of knowledge ay talaga mangyari at ma-grasp namin ang isang bagay na ito mga katulong sa aming. Nama panginon, ito ay maging daan din para kami makabigay pa sayo na higit makapurihan. Maraming salamat panginon. Ito po ang aming dalangin at pasasalamat sa tangin pangalan ng aming panong Jesus. Amen, amen. Amen. Thank you so much Pastor Shem. So, si Pastor Shem po isa po siya sa mga coaches dito sa TickMeal. So, na sa Facebook community po kayo, Facebook group, makikita nyo po siya doon. So, nagpapost din po siya na mga analysis niya. Salamat Pastor Shem. All right. So, it's already 6.02. Para po sa mga gusto ng e-certificates, kailangan lang po nyo ng 5 attendance dito sa webinar. So, 7 po yung webinar series natin hanggang December 8. So ngayon, on Friday and then next week Monday to Friday. Same time po, 6 to 8 pm. So, make sure po nga umaten kayo and gamitin nyo po yung real names nyo dito sa Zoom para pumatrak namin yung attendance. So, pag may more questions po kayo, anything that you want to raise, chat nyo lang po sa chat box or raise your hand. Sa sagutin po namin ni Pastor Shem. Schedul po ng webinar today on Friday and then next week Monday to Friday. So, huwag po kayo mo awala sa Friday, magdetrade po ulit tayo ng NFP isa po siya sa mga high impact news na inaabangan dito sa Forex Market. So, maglalive trading po tayo kasama nung mga coaches natin si Pastor Shem and then si Sir Aaron. So, hopefully makasabay po kayo. That's why we highly encourage everyone to open a live account and to fund their account for at least $100 para po sabay-sabay po tayo magdetrade. Okay, makikita nyo rin po yung schedule sa website namin under webinars. Nakapuspo. Alright, so let's start. Okay, so business forum series Philippines. Okay, so, why are we talking about business when our topic is Forex trading? So, di ba po umatend kayo dito kasi you want to know more about Forex trading, you want to trade, di ba? So, mag-start po kami by discussing the business, the business forum here in the Philippines. So, pag naringig nyo po ba yung salit ang business? Ano yung unang salita na iisip nyo? Ano yung pungapasok sa iisip nyo? Pwede nyo po itype sa chat box natin and sa anong nalang po sa main chat box? Kasi sa Q&A, hindi po namin natatrak. So, din na lang po sa chat box. Okay, business exchange of goods. Ayan, thank you so much, Miss Claire. Money, of course. Thank you, Miss Joseline. Profit, yan, pare-pareho tayo. Pera, negocio. Ayan, andami nagsabi ng pera. Money, profit. Okay, thank you so much sa mga sumagot. Sir Rico, buy and sell. Ayan. Iba na yung business in Sir Rico. It's more on digital. Which is yung pag-uusapan natin tonight. Okay, so, para sa akin po business, the first thing that comes into my mind is pa, paang kayo din ko. Pera. Profit. So, pagkakakitaan, we all want to earn. So, may kasabong pa-sources of income tayo like our day job or business. Gusto pa rin to natin ang additional income stream. And most likely, what we want is passive income, di ba, yung di na tayo maglalaanong oras, or e-fort. Kikita tayo passive income. So, posibly naman po yan. Marami po mga passive income sources, but, of course to invest our time in our effort para po mag-build yung business ineventually mag-grow. So kung ok na po, so kung nabild na po natin yung business, that's the time na pwede na tayo unti-unti mag-decrease ng effort. So forex trading is one type of business. So ang alam po kasi natin diba ang business, yung mga traditional ones like franchise, physical store, online store, napaba yung mga trading, trading na, physical trading. So yun po yung mga usually alam natin business as Filipinos. So right now we are very lucky na aware na po tayo sa mga digital businesses na pwede po ang makatwulong sa atin para kumita tayo ng extra, ok? So forex trading is one of the digital businesses na ideal po for everyone. As long as you have the skill, you have the discipline, and of course you have the proper risk management. So yun po, i did discuss po natin yung mga bagay na yun, especially risk management as we move along our webinars sa advanced session po, ok? Sir Emmanuel Paul-Mitan, yes po, make question to ba? Pwela naman po kasi I am, nagtaspo kayo ng kabay, or napinbut lang. Ok, para po sa attendance, one moment po, sorry. So para po sa attendance, magsasend po ako ng spreadsheet, Google sheet, tapos palagay na lang po ng full name nyo, and then if you want to receive a copy of our webinar, recording, pwede nyo rin po ilagay yung email address, yung active email nyo po. So one moment lang po, magsend ako, alright. So yun po, na sento na po, yun so full name nyo po, and then active email address kung gusto nyo mag-request ng recording ng webinar, ok? Ok, so going back to our topic, forex trading as a business, one moment lang po, yun. Ok, so forex trading, it is also considered as a business or entrepreneurship. So isa siya sa mga, medyo popular na dito sa Pilipinas, kasi marami-rami na rin naman tayo ang mga detail traders. So hopefully, if we spread the word, yung webinar natin, pag-shin-air po natin, mas marami pa po tayo matulungan para matuto kung paano mag-forex trading. Ok, so, eto po yung current condition ng Philippine economy. So right now, 74.7% belongs to the lower-income class, lower-class family. So eto po yung, di naman siya yung poorest of the poor, hindi nang siya categorized as poor, but lower-middle class. So kumikita po ng 328,000 per year, per annum. So malaking portion po ito, yung 70% ng mga Filipino, knowing na nasa ano na tayo, nasa 117,000. So tama ba? Ayun, so sobrang dami na po ang Filipinos ngayon, so marami po pala yung belong to the lower-class. And 25% are financially literate. So sobrang babapong ng financial literacy dito sa Pilipinas, so only 25%. So when you say financially literate, aware po siya sa mga financial assets na pwede nilang gamiten o pwede nang paglagyan ng mga pera nila, nagbabodget, may savings, may insurance, may investments. Ayun, so so far konti pa lang po, that's why it's an opportunity for us to spread financial literacy. Okay, so yes, tama po, salamat sa pastas, sir Alvin, 117,000,000, konti lang yun eh, 117,000,000 Filipino population. So ang dami na natin. Okay, salamat, sir Alvin. And 89% of Filipino youth rely so much on their parents for maybe for financial resources and financial knowledge. So this shows na, maganda naman po ang bayan nihan. It is one of our pride dito sa culture natin, pero meron din po siyang negative effect in which nagiging independent po tayo sa ibang tao, for specifically sa parents or sa family. Okay, that's why it's important to help other people and at the same time to become financially independent. Para hindi po tayo yung tinatiluman, tayo po yung tumutulong. Okay, and then less than 5% of Filipino families save regularly. Okay, so nakakalungkot po ito. So sobrang konti lang nung nag-sasave, knowing na malaking portion, siguro mga 90% of Filipino people, employees netatrabaho. Pero kontin-konti lang po yung nag-sasave. So less than 5%. Since ang topic po natin is forex trading, singit ko lang po yung content financial literacy or budgeting. When it comes to forex trading or investing in the forex market, we don't recommend putting all your assets in one market. In forex or in crypto, mas maganda po na diversify siya or well allocated. So maganda na you have your emergency fund, ito po yung savings niyo sa banko. Then you have your insurance, lalo-lalo na medical insurance. So in case of emergency, meron po kayong insurance, so hindi out of the pocket yung gagastasin niyo. Okay, and once na established na po yung basics, that's na time na mag-jump in na po kayo sa investments. So pwede po UITF or Mew12 funds na nag-bibiday po ng mas malaking interest rate. Kasi sa banko, kasi diba sa banko ang interest rate lang po ano, usually less than 1%, so dipende po, dipende sa banko. So sobrang liit lang po, that's why maganda rin po na nag-explore po tayo sa mas mataas na yields or interest rate. Okay, and then once na established na po, that's the time na you can open an account in a forex trade. You can join or you can trade forex and other assets like crypto, commodities. Okay, and then 84% of Filipinos are not financially prepared for the medical cost in case that they are diagnosed with critical illness. So napaka hirap po talaga magkasakit, so yung po yung pinakamagastos sa lahat. So once na din na po ang po kayo ng sakit, din po talaga na wa-wipe out yung savings. That's why maganda rin po na secured. And then below 3% has insurance policies, so may insurance penetration. Sobrang konti pa lang din po ng may insurance dito sa Filipinas. So 1% of the total population in the Philippines invest in the stock market. Okay, so this is interesting, less than 1%. Sobrang konti pa lang po. Whenever I hear the words financial literacy, ang unang-unang na'yisip ko po kung hindi insurance is stock market. So I think dinon din po yung karamiyan sa inyo kasi ganon din po yung mga kakilala ko. So stock market is stock market ba yan? Sa stock market ka nagtatrabaho. So nagtitread ka ba ng stocks? So kilala na ng Filipino on stock market. Naririnig na natin and they think na popular na yung stock market pero hindi pa dahat o hindi pa ganon ka dami yung nag-e-invest or nagtitread sa stock market. Usually naririnig ko nga pag stock market, kailangan malaki yung capital ma'yan. Big time ka, so not necessarily naman po ganon. Ganon din po sa Forex trading, hindi kailangan na big time, hindi kailangan na masyadong malaki yung capital although it would help, mas secure at mas safe po yung trading nyo pag malaki yung capital. And also mas matas yung profit potential pag malaki yung capital but hindi naman po ganon ka na sasali. So dito po sa TickMail, yung minimum deposit namin for dragon pay, pag dragon pay po yung ginamit niyong payment mode is $50. So nasa ano lang po siya, less than $3,000. Okay, so later on i did discuss po natin yan, paano kayo kikita kung ganon lang kalit yung capital. So $3,600 per month yung average SSS pension of a senior citizen. Okay, so kulang na kulang po ito especially every year tumataas yung price of goods and services, nagkakaroon ng inflation. So lalo na ngayon malapit ng pasko, so lalo nung tataas yung prasyon ng bilihin. So $3,600, siguro kulang po po ito sa isang buwan na grocery. Kulang na kulang po talaga siya, that's why as early as now, or kahit mga seniors na po, I highly encourage everyone na maghanap po ng other sources of income. Eight out of ten OFWs have no savings. Yun nakakalungkot po, actually based on my experience, napakadami pang OFWs na interesado sa trading. Pero sadly sila po po yung nabibictima ng mga Ponzi scheme, nga nung mga scams. Kasi sobrang attracted po sila sa mga matataas yung interest rate tapos fix yung interest na binibigay every month. So motivated din po ng emotion, so possibly they want to go to the Philippines, gusto na nang makasama yung family nila ayaw na nila mag abroad. That's why naghanap sila ng easy way out or naghanap sila ng way para hindi na sila bumalik sa abroad. That's why we are here providing free webinars for everyone. So if you have OFW friends or if you're an OFW, keep on learning lang po and invite nilang po yung mga friends nyo para po mas spread po natin yung knowledge about forex trading. And then 90 billion estimated amounts, cab money in the Philippines in the last 10 years. Wow, laki na to, 90 billion. So imagine ninyo to guys, kung 90 billion ginamit natin, kahit nilagay natin sa fixed income assets like time deposit or treasury bonds, malaki na yung interest na kikitain ito. So sayang, sayang guys. That's why, baging very careful tayo when it comes to investment. So hopefully wala pa naman na bibictima ng Ponzi scheme dito at walang mabictima. So para po sa mga gusto ng investment, kasi iba-iba po yung personality type ng tao, gusto yung iba, gusto mag-analyse ng chart, gusto mag-trade actively, yung iba naman gusto mag-invest. So usually mga OFW or mga busy, gusto po nilang mag-invest lang. So meron naman po tayong option for that, meron tayong social trading or copy trading dito sa TickMill. So all you have to do is to open a TickMill account, din yun po yung same process magsasubmit kayo ng government issued ID, yung KYC documents, and din yasis ko po kayo pa nang mag-open ng copy trading. But basically, once you click copy, makokopya po sa account nyo lahat ng trades ng affiliated trader namin. Okay, so ganin lang po siya. Legit po, legal po naman ng opya dito sa forex trading. So meron po talagang copy trading. So akagandahan po ng copy trading. Hindi, ikaw mismo yung magde-deposit sa sarili mo account. So magsasubmit ka ng KYC documents, yung government issued ID, proof of address. It's one way for you to ensure na ikaw lang yung pwede mag-deposit, ikaw lang yung pwede mag-fund transfer o mag-widro ng account mo kasi imamatch yung ID mo din sa bank account. So kaya hindi po tayo tumatanggap dito ng third party withdrawal and deposit. Kailangan po, match yung ID nyo na sinubmit dito sa TickMill din sa pangalan nyo sa bank account. Okay, so isa din po yung way para malaman nyo na legit yung isang broker, hinihingan kayo ng KYC document. Okay. May questions ko ba? Okay. San ko po ulit yung attendant sheet na Google, yan sa Google sheet. Pa-enter na lang po ng full names nyo and then if you want the copy of recording, pwede nyo po nilagay yung active email address. Miss Kathleen, may question po sa Q&A. Ay, yes po. Thank you, Pastor Shem. Question, available or accessible ba yung TickMill sa lahat ng bansa sa mundo? Hindi naman po lahat ng bansa, but most of the countries, pwede po kayo mag-open ng TickMill account. Okay. So marami po kami clients na na sa ibang parts ng mundo, nag-de-trade pa rin po sila. Okay. If you could provide the name of the country na saan kayo o saan may clients kayo, that would help po para mag-check namin. So hope I answered your question. Okay. So another question from Sir John, supported ba ng TickMill yung expert advisor or EA? Yes po. So marami po clients na nag-de-trade using EA. So pwede po yun yung Forexbot. Okay, so in fact, yung ibang copy-trade providers namin, yung mga, kung gusto yung mag-copy ng trade, yung iba, gamit nila robot or EA. So pwede po yun. So given these facts, given these issues na, napakadami pa natin pwede yung improvement na gawin para umangat yung economy ng bansa natin o umangat yung status natin as a person. Right? So how do you find the right extra income source for you? Okay. So marami kasing income sources, pwede kayong mag-online selling. So very popular yun. Okay. But first and foremost, before finding another income source, dun mamatay sa basics like budgeting, testing, yun. Managing your taxes and personal financial management. Okay. So kung di naman kailangang mag-loan or mag-barrow, ano need na. Okay. All right. So here are the issues na kinakaharap ng Philippines na yun. Okay. So edo po mga issues na to, affectado po tayo as citizens. Number one, unemployment. Okay. So halos, most of the time naman talagang problem ang unemployment. So far, 3.44 million Filipinos are jobless in March 2021. So marami pa rin po unemployed hanggang ayun. Okay. Knowing that yung economiya ng Filipinas nakadepende sa consumption and most of the consumers are employees. So yun po, unemployment. And then interest rate. So interest rate, may effect pa rin po sa atin ng interest rate. Kaid sabihin natin na central bank naman yung nag-decide whether to raise or to lower the interest rate. May effect pa rin po sa atin as consumers. How does it affect us? Let's say nag-adjust ng interest rate yung central bank. So they want to they want to lower down the inflation. So mataas kasi ang BBhin, mataas ang pressure ng goods and services. So gusto nilang pababain ng ponte. Kasi kada central bank, may kanya-kanya silang inflation target. So depended sa economiya ng bansa. So let's say, masyadong mataas yung inflation rate ng Filipinas kumpara dun sa target ng banko central. So nga doin na central bank, mataas sila ng interest rate. Okay, so pag nagtataas sila ng interest rate, who will benefit? Investors, savers, yung mga nagsise-save sa banko, mataas ang interest rate ng bank accounts, ng mga investments. Okay, so who will not benefit? Nyan, so paramihan sa atin will not benefit. Kasi, especially kung bumibili kayo using credit cards, kasi tataas yung interest rate ng credit cards. Nung mga loans, mortgage, so hirap nang bumili ng real estate, car loan, ayan, so tataas yung interest rate. Magiging mahirap gumastos. That's why, ang tendency, magiging savers yung mga tao. Okay, so see how interest rates could affect our psychology when it comes to spending. So talagang may effect parin yan at may impact parin yan sa atin. Okay. Inflation rate. So almost every year naman, tataas yung pressure ng bilihin, right? Kasi tataas yung standard of living generally, tataas din naman yung income. Hindi lang natin ganoon napapansin. Pero mas tataas yung pressure ng bilihin, right? So tataas ang inflation rate. So isa to sa mga factors kailangan din natin iwatch out or kailangan din natin solutionan. Okay, so hindi naman natin makokontrol si inflation, hindi din natin makokontrol si interest rate, kasi central bako yung nagde-decide nyan? Even unemployment, hindi din natin makokontrol. Especially the last one pandemic, yung COVID-19, di ba yung 2020? 2020. So hindi lang Pilipinos yung affected, lahat tayo sa bumhundo, global, it's a global pandemic. Hindi natin tumakokontrol. Yung pandemic, maraming nawalan ng trabaho, maraming businesses na nagsara, bumagal yung economic activities. Nagtiti-ped yung mga tao kasi wala silang funds, wala silang sources of income. Okay, so these are the things that we cannot control. That's why what we can do is to increase our financial IQ or yung tinatawag natin financial literacy. Okay, so din pa rin tayo magpukul, financial literacy. Okay, so lipat ko lang yung slides, alipat ko lang po ayan. Alright, so financial literacy is basically your knowledge about finance. So yung finances mo, how much ba yung isa-save mo every month, how much yung ia-allocate mo sa savings account, sa investment, sa forex and so on, sa insurance. So let's start with the savings account. Okay, so can I see a raise of hands? I'm sure naman lahat magtataas ng kamay. Si na dito may savings account? Ayan si Sir John, magtataas na agad ng kamay. Or may question? Advance? Ayan, so we have Sir Aaron, yun, very good. Sir Bernard. Miss Alisa, yung iba na hindi ya, pero I'm sure most of you guys meron po kayong savings account. So this is very basic, very important po ito. Let's see, ano ba yung savings account? It's a file of money that you can put aside for a rainy day. So for emergency, so tingatawag din po itong emergency fund. So iba po siya sa insurance, wherein kailangan po mag-claim. So it may take some time. So ito po yung savings account, if you withdraw nyo lang po sa ATM or sa bank account nyo, then may cash na po kayo on hand in case of emergency. Or in case may magkasakit, buk naman sana, or mawala ng source of income. So it's very important po na unahin natin yung savings or yung emergency fund. Next, meron papalak, has a very low degree of risk except for a major. So sobrang baba po ng risk ng savings account. Kasi mababa din po yung interest rate. Most of the time, these are correlated. Kung matas yung risk, most likely, matas din po yung profit potential. Kung mababa yung risk, most likely, mababa din po yung interest which is true sa savings account natin sa Pilipinas, leba? So kahit mababa po yung profit or yung interest dito, anong naman po siya? Okay, so it does not need proactive management. So hindi po kayo yung babantayan nyo to, laging nyo e mo monitor. So most likely, nagsisave po kayo out of your income every month. Para po siyang passive activity na isisave niyo po o yung iba ino automate from their ATM or salary. Okay, so once na nasecure nyo na yung emergency fund, so sama na po natin yung insurance hindi talagang priority medical insurance kasi di ba, priority natin yung something na magagamit natin habang nabubuhay tayo. Right? Pero pag may family na paray hung importante, medical insurance life insurance kasi may dependence. Okay. So yung ano po, sorry po sa group chat, yung attendance sheet po para po siya sa will of names later. So tinakapsure ko lang po yung names nyo para po makasali sa will of names. So sa will of names, pipili po tayo ng tatlong winners na mananalo ng corporate giveaways. So next, investment. So opposite of savings, it is where you deploy your funds actively for a higher rate of profits. So dito na po nang kontin yung profit kumpara sa savings account. So dito na po yung UITF which is Mutual Fundin po siya na bangko naman yung nagpapacilitate. Or Mutual Funds na kukuhanin yung sa mga insurance companies. So as we know, para lahat po sila ay variable yung interest rate, nagmumug po yan. Hindi lang po natin napapansin, nagmumug pa na yung interest rate ko sa bank account kasi sobrang leit, So ideally, meron din po kaya nito investment. Carry higher degree of risk. So lahat naman po ng financial assets may risk. Dito po, medyo matas yung risk kumpara sa savings account. But still manageable. Okay? Needs proactive management. So ito case to case basis po siya kasi may mga UITF Mutual Funds na iyan mo lang siya, ako cost average mo lang siya. So hulugan mo lang siya every month or every period kung kailan mo gusto. Then, iyan, haiaan nyo lang po. So ipanang nag-iipun lang po kaya doon pero mas matas po yung interest rate. Alright? So this is one of my favorite financial figures. Si Warren Buffett. Iyan. So marami po siyang mga words of wisdom. So on earning, sabi niya, never depend on single income. Yes, I agree. Make investment to create a second source. Okay? So mas maganda po na mas marami tayong sources of income. Okay? So hindi lang po yung main job or main business natin. So same thing is true for individuals, for country or for businesses. So before po, I was part of one of the multinational companies in the U.S. Meron po kami ano doon stock share employee. So isap po siya sa mga perks. So nalaman ko po na yung stocks po pala ng company na yun. Nakainvest sa ibat-ibang assets. So kung ang main line of business niya is insurance, hindi lang po insurance yung main source of income ng company. Meron po siyang investment sa real estate, sa food industry, sa farming, sa stock market, even sa forex. So ganin po ka well-diversified yung company. That's why tumagal sila ng number of years or even centuries. So never depend on a single income. On spending, if you buy things, you do not need. Soon you will have to sell things you mean. Yes, so kailangan po focus mo na tayo sa needs natin. But it doesn't mean that you have to deprive yourself. Part of financial literacy or financial management is also managing your psychology. So hindi lang po siya formula na dapat 30% na sa investment, 20% na sa forex, and then 50% sa emergency fund. So wala po talagang templated formula or wala po talagang exact formula for everyone. Ibat-ibap po yung needs ng bawa tao. To assess your priorities and write down yung needs mo and then yung mga wants mo. So you also have to give way to your wants. So wag nyo po i-deprive yung serili nyo. Kasi it may backfire later on. Later baka mo wala na kayo ng motivation to work pag hindi nyo naman binibigay yung mga needs nyo. So personally ako I have allocation for my wants and needs po. So yung mga needs kasi yung mga bills. Pero may allocation for my wants. Kasi I also want to enjoy what I'm earning. And then savings. Do not save what is left after spending. So this is true mas maganda po na yung iban naka-automate po yung investment and savings nila. Pag dumating yung sahod nila, otomate po punta na yung certain percentage sa savings o sa investment. And then what is left yung po yung iba budget. Okay? And then on taking risks, never test the depth of liver with both feet. Ayan. So dito po dito po mapasok yung demo account. Okay, sa trading na po tayo akunta po muna tayo sa Forex. So kung nag-forex na po kayo at baguhan pa lang kayo dito sa market ay highly suggest to practice using a demo account so that you can test the market. Okay? It test po muna natin. And then once na nagamayon na po yung strategy nyo na develop nyo na rin yung discipline nyo at yung psychology nyo, that's the time to open a live account. So din po kayo mag-trade ng real money. Pag-confident na po kayo at siguro na kayo sa skills. Okay? On investment, do not put all your eggs in one basket. Ayan. So inulit po ulit ni Warren Buffett yung earning na never depend on single income. So dito naman it's all about diversification. So mas maganda po na meron kayo lahat. You have your insurance, emergency fund, investment, Forex trading and other trading like crypto trading. By the way, guys, pwede rin po dito sa TickMill mag-trade ng crypto. Marami po financial assets na pwedeng it-rade dito. So hindi lang po Forex. Meron tayong crypto, commodities, precious metals, yung mga gold. Ayan sila maamsali, sila pastor siya mga gold trader. Marami po. Pwede po kayo mag-trade ba sa contract for difference or CFD. Okay? So hindi ko na po yung expound anong CFD. So most likely lahat po na assets dito ng contract for difference, CFDs or derivatives. Okay, on expectations, honesty is a very expensive gift. Do not expect it from cheap people. Okay, so hindi ko na po ma-explain yan. Hindi ko na medyo malayo na po sa finance but yan po isa sa mga principles ni Warren Buffett. Okay? Alright, so business trends. So marami tayong mga businesses na pwedeng simulan even after the pandemic kahit ngayon. So si na po ba dito yung mga nag-bibusiness? Can I see a raise of hand? Meron po ba dito ang business owners? Kahit online business, digital business. So we have Ms. Claire. So business owners si Ms. Claire. And si na po po? So si Ms. Claire but I think marami pa po mga nag-bibusiness dito kahit on the side. So what are the businesses na pwede natin simulan? Kasi we're looking for a second source of income. So meron tayong online selling which is very popular kasi very popular na yung Lazada yun Amazon Shope especially ngayong Christmas so kahit siguro hindi business owner gusto mag-try mag-online selling kasi mag-papasko vlogging so yung mga vloggers or content creators sa Instagram, TikTok, Facebook yan. So guys, mention ko lang din para sa mga vloggers para sa mga vloggers or content creator meron kami forex video contest so all you have to do is to create a short video maximum of 1 minute papakita nyo lang kung gano kayo kagaling mag-trade or papakita nyo lang yung trading strategy nyo or pwede rin kayo magsalita share nyo lang yung tips nyo sa trading. Hindi naman siya laging dapat nakikita yung trading nyo pwede rin kayo nag-share kayo ng tips or nag-agwento kayo ng experience nyo about trading opportunity for you to express yourself to help other people baka makatunong sa ibang tao yung trading strategy nyo o yung tips nyo and at the same time, pwede kayo yung manalo ng cash price. So check nyo lang po, Take Mil Philippines, nakapos po yung forex trading video contest namin and of course don't forget to tag Take Mil Philippines Facebook page pag sa salip ko kayo. So hanggang December 8 po ito. Okay. So delivery or drop shipping. So dito naman po parang online selling pero ang pinaka task nyo dito is mag-promote or mag-market ng products ng ibang tao. So sila na po yung bahala sa delivery and other administrative work. Next cleaning services. Pwede nyo rin po gamitan yung skill nyo sa paglilines. Tutoring. Yung iba po yung forex traders once na successful na sila naging na nila yung skin nagsasideline po sila as a shooter. So pwede po yung for attuation fee. So if you want to think big pwede rin po kayong mag-open ng trading school. So marami po kayong opportunities na pwede yung gawin ngayon. And then affiliate marketing. Yes, so affiliate marketing is basically para kayong mag-refer mag-refer kayo mag-refer kayo sa isang business. So very popular po yung yun in the 21st century. By the way pwede po kayong maging affiliate ng fake mail all you have to do is to refer clients to us. So ang tawag po dito is IB or introducing broker. So dito po sa attendees natin, marami na po mga introducing brokers or IBs. So nag-invite lang po sila ng mga webinar attendees o natuturo din po sila ng trading. And then once na trade na yung mga clients they will earn permission. So babayaran sila ng fake mail ng permission. So marami po kayong pwede yung gawin once you learn the skill of forex trading. So what are the online tips that you can start with minimal capital? So we want to test the water. Gusto natin, minimal lang muna yung capital kasi part din po yung ways natin pag naglabas tayo ng capital. So eto po yung mga tips. Build your business around what you know. So kung ano na yung alam niyo, kung ano yung expertise niyo. So you can start from there. Tell everyone you know magaling tayo sa marketing or sa pagpupromote. Avoid unnecessary expenses. So of course, partling siya ng budgeting natin na magtitipid po tayo kung ano lang talaga yung importante. And then don't get buried with credit card debt. So hindi po limit the use of credit card or debt unless na lang po kailangan sa business. Kasi yung iba naglileverage using debt. So kung nangutang kayo tapos malaki naman yung potential return dahil gagamitin yung sa business, so why not? So mayroon tayo natin atawag na good debt and bad debt. And make sure your receivables policy won't sink you. So para po ito sa mga business owners na may mga receivables. So make sure to craft your rules very well. And monitor nyo po. Build up your sweat equity. Okay, so what is sweat equity? So this is also some sort of income na active. So hindi natin na kailangan nyo rin po ng other sources of income na paglalaan nyo rin po ng olas. And then take advantage of free advertising and marketing. So marami po yan. Sa ngayon, popular na yung AI, so pwede na rin po tayong gumamit ng AI sa advertisements. Actually, sa mga trading, sa trading dito sa Forex may mga gumagamit na rin po ng AI. Okay? And then get ready to hustle. Of course, you need your efforts, so hait saan naman po business. So hait dito sa Forex you need to hustle. At first kailangan nyo po mag-aral, maglaan ng oras at ng effort until ma-build nyo yung skill. So ma-build nyo yung skill, siguro pwede ng chill-chill, pero still i-monitor nyo rin po yung market and then i-adjust po nyo pa rin po yung strategy nyo. Okay? That's why Forex trading is a business. So hindi po siya gambling. Okay? But some other people see it as gambling. Kasi sabi nila, dala wala naman yung option. Pag nagpreed kayo ng Forex, so it's either by or sell. So you have a 50-50 chance, right? So buy, sell, so dala wala lang. So pwede yung mag-speculate o manhula. That's a gambling mentality po. And we don't promote that. We don't encourage that. Okay? Kasi para ka yung nagpunta sa kasino, you're just trying your luck. So sayang po yung para, sayang yung hard-earned money nyo. We just, we want to treat Forex as your business. Okay? When you say business, it's something na may control ka. Hindi man 100% pero may control ka. Nakokontrol mo yung risk. Nakokontrol mo yung mga decision mo. So yung po yung pag-aarala natin sa series of webinars natin. So how will you control your business? Your Forex trading business? Ano ba yung mga indicators or yung mga data na kailangan punting nan para mas tumas yung probability na manalo ka or mag-succeed ka sa business mo. Okay? So dito sa Forex, very transparent po yung market nato. Makikita nyo po yung mga data or indicators, kahit online. So nanyan po yung mga economic calendars. Makikita nyo po yung mga macro economic events like inflation, interest rate. Nga nakaka-affecto po yung sa Forex unemployment. And then, pag mga news naman po, yung mga unexpected news or unexpected events like pandemic. So may effect po yung sa Forex market. War. So ngayon may war po. And then, election. So next year, may elections sa U.S. expect na mapapagalaw po nito or magiging volatile ang U.S. dollar lalo. And then, ano ba? Yung mga bushfire at birthway calamities, lahat po yung may effect po sa Forex market. Okay? So any questions po? Okay? Clear naman po lahat. Sige po, let's move forward. Okay, so Forex trading guide. What is Forex trading and how does it work? Sorry po, naputol po tayo. Pastor Shem, they have the copy of the second slide or second presentation. Yung yung tanong ko sa yung maputol ko di may. Tating na po. Sige po, pa-sensyan na. Pa-sensyan na po, akala ko tuloy-tuloy po ito yung na po kasi yung dating slides tuloy-tuloy po. Sige po, so while waiting for Pastor Shem, you can type in your questions po and address po natin yung mga questions nyo or concern. Let's see. So may question po pala tayo sa Q&A. I'm new on this. Where should I make an account? Meron po bang fee? How should I proceed on this? Okay? So para po makapag-create tayo ng account, punta niyang po kayo sa Tickmail website. So tickmail.com Click create an account. Okay? So pagklinik nyo po yung create an account, that's a live account already. So yan po, okay naman po ang live account. If you want to have a copy of our Advanced Webinars, required po yung live account. But for practice, you can select demo account. So pwede po kayo mag-create live account, demo account, yan. Okay lang po. Meron po bang fee? Wala po kayong babayaran pag nag-open po kayo ng account dito sa Tickmail. So live account, demo account, lahat po yan free. We can assist you, pwede po namin kayong tawagan, pwede po tayong mag-video call, lahat po yan free. So the one time mag-babayan po kayo, is pag-create na kayo. Kasi lahat po ng trading, kahit sa crypto or stocks, okay. So cada trade po, meron po dinididoxy broker na small percentage na trading cost. So yan po yung income ni broker. So if you are a season trader matagal na po kayong na-trade, you will see mababa po yung spread ni Tickmail or yung trading cost. So mako-comparing nyo po. Check lang po natin So yan po, free lang po siya. Punta lang po kayo sa website ni Tickmail. Ah, yes po. Ang Kathleen sa sinend ko sa messenger mo. Nasamin ko. Sige po, ah, pastor siya mula po ako naririsiyo. A-applauding po. Ay, sige po. Sige po, sige. Wait na lang po natin, salamat po. Yung file pa lang. Hiwaiwali po pa. Sige po, ah, wait na lang po natin. And salamat po. Okay, check ko lang po. May question niya na si Mamlalay na sa chat box po mam. Ah, sige po. Ay, okay na po itong si Miss Alisa. Miss chat box. Okay, so Miss Lalaay, yes po, with the war in Gaza, umaangat ba ang dollar given by the active participation in fueling the war. So it's a good question po. Actually, kung ang perspective nyo sa trading is long term, we could answer that. Okay, but if short term or medium term, let's say, nakitreed kayo every hour or every minute. So still, may volatility pa rin ko sa US dollar. Pastor Shem, ano kung perspective nyo regarding the war in Gaza? Pastor Shem? Ay, na wala po yata si Pastor Shem. Ayon, since pumutok yung guerra sa may party ng Gaza, ang pin, na wala ba? Okay na po, okay na po. Hello? Ayon, since na karun ng guerra sa Gaza, sa Israel, ang pinaka nagling volatile ay ang gold. So umangat siya ng, ngayon na sa 2000 level na uli per ounce. So yun ang, naging effect niya. Dun na kita, dun rin na kita na hindi niya, hindi siya katulad dati na kapag ka, ang US dollar ay mataas, bumababa ang prasiyo niya. Pag ka ang US dollar ay mababa, umangat ang prasiyo niya. So nagkarun siya ng sarili niyang behavior. Kasi niya ang, ang gusto ang mag-secure ng gold. Parang yun yung nangyari. Kaya kahit anong prasiyo ng gold, nag-acquire sila ng ng gold. So yun yung isang, isang effect nun. Yung based dun sa, yun tanong kasi more on the US dollar, um, ang nakita kasi natin yan yun ay ang US dollar bumababa siya. For a time ay mataas siya, pero ngayon sa, itong papatating niyang December, bumababa siya. Ang effect naman nun sa ibang mga currency pairs, lahat ng may USD sa pair niya at sa pair na yun yung USD na currency ay siya yung second na binabangit. Lahat naman yun ay umangat, like the Euro dollar yung mga yan umangat ang ang prasiyo. GBP-USD umangat ang mga prasiyo nila. Niyon. I hope na, na satisfy namin yung tanong umislalay. Thank you so much Pastor Shem. Ayun po, ayun po yung current condition ng USD ngayon dahil sa Warren Gaza. So it's currently going down and if you want your policy yung Euro-USD trader um possibly you can buy Euro-USD. So depende pa rin po sa market condition kasi may mga volatility pa rin po yan. So may mga questions pa kuba. So we thank you so much Miss Lala for your question. So type nyo lang po sa chat box natin yung questions. Okay, so for now we will go to the forex basics. So dito na po tayo sa fundamentals ng forex. Ano ba yung mga kailangan yung malaman before kayo mag-trade ng forex. So before kayo mag mag-open ng demo account before trading. So meron po kayo mga bagay na kailangan malaman. Okay, so dito naman po there's no need for memorization. Important is na intindihan nyo po yung concepto ng market. Alright, so eto po yung outline nang it'll discuss natin for the remaining hour. So mukha lang po siyang madami pero we will try to simplify as much as possible. So we will start with size, liquidity and competitive price. By the way, forex trading, singit ko lang po, forex trading is a transaction that involves buying and selling. So as long as may buying and selling ng currency, it's already a forex transaction. So yung tinatawag po natin na traditional forex trading baka hindi po natin ilang ginagawa na po natin yan before. Pagpumunta po tayo sa money changer at nagpapalit ng currency, that's already forex transaction. So pagpumunta din po tayo sa bank po nag-open ng dollar account using Philippine Peso, forex transaction din po yun kasi nagpapapalit po tayo. So yun po yung traditional way. Through the bank, through money changer. Yung ginagawa po namin dito sa market, it's called margin or leverage trading. So yun, baka nga po natin isipin yung term, basta po ginagawa po ito online. So merong po tayong platform na gagamitin, tapos din po tayo mag-de-trade. At sit peak mill po, a forex broker, yun po yun po nag-provide ng platform. Kaya po nakapag-trade po tayo ng retail traders or ordinary people kasi meron na po mga forex brokers. Datip po kasi, mga big banks ng yung nakapag-trade sa forex market. So they are electronically connected worldwide tapos din po sila nagpapalitan ng currency. So dahil may mga forex brokers na, pwede na po tayo mag-trade. Okay? Alright, so map. Mapapos siya, nakikita po natin New York, London, Tokyo and Sydney. So ito po, yung apat po na to, these are the biggest stock markets in the world. So sila po yung pinakamalake, apat na pinakamalaking stock markets in the world. Bakit po natin na mention o pinag-uusapan yung stock market? Forex po yung topic. Actually, lahat po ng financial assets market, they are interconnected with one another. So paggumalaw yung stock market, may effect po yung sa forex market, may effect din po yung sa bond market and so on. So ano po yung trickle down effect, so may effect po yung sa lahat palos. So it has something to do with capital inflow, saan ba na po flow yung capital and other factors. So for example, no pandemic bumagsak yung global stock market. So lahat na stock market halos sa buong mundo, pababa o pabagsak, that's why even Warren Buffett, yung pinakita ko sa inyo kanin ang financial figure, nag-withdraw siya ng stock holdings niya. Hindi niya yung when you withdraw for a long period of time. Nag-withdraw siya kasi natakopling siya. So dahil nga, sobrang nga global stock markets. So since pag anon, nag-withdraw yung tao sa isang financial market, napupunta naman yung capital sa ibang financial market. So that's the time na, lumakas yung forex market, dumami yung mga interesadong mag-invest at matutong mag-train. Okay? So yun that's how capital inflows work. So kung ano yung malakas during a particular time, so doon doon nag-concentrate yung capital yung mga tao. Kasi forex market, pwede kang kumita, up and down wether you buy or sell pwede kang kumita, unlike sa stock market na, kailangan tumaas siya. Right? Kailangan mabili mo na mababa tapos ibenta mo ng mahal. So aantiyin nung tumaas. And since pabagsak siya ng pandemic, nag-arisen yung capital market, lumipet na yun sa other assets like forex market in Clipto. So doon naman tumaas naman yung value ng bitcoin. Okay? So balik tayo dito sa, dito sa map. So na dito yung apat na stock markets na pinakamalaki sa buong mundo. Okay? So ang pinakamalaki dyan sa apat na yun is the New York Stock Market. Stock Market ng US. So sa New York Stock Market pala tayong 26 billion US dollars daily trading volume. Okay? So that's as of April 2019. So mas dumaki na yan ngayon. Okay? So what does it mean? Um, ito yung amount of money na tinitrade sa New York Stock Market araw-araw. So araw-araw yan. Okay? So kung pagsasama samayin mo daw, lahat ng para na tinitrade sa stock markets na ito, mas malaki pa rin yung tinitrade o mas malaki pa rin yung funds na tinitrade sa Forex Market. Okay? So for the Forex Market, ito hindi na po ito updated 6.4 trillion US dollars daily trading volume. So sa ngayon 7 trillion na po. Okay? Imagine, ilang years lang ba ito? 3 years lang alaki na ng tinaas. Okay? So araw-araw 7 trillion US dollars yung tinitrade sa Forex Market. So anong, what does it mean for you and me? Sa 7 trillion na yun, gusto natin kumurot kahit kontin profit. Diba? Sa laki ng para na nagpuff those sa Forex Market araw-araw. Ganun ka laki yung opportunity. Okay? That's why your profit here is not cap. Hindi siya limited. Okay? Pwede natin sabihin at the limit as long as you have the skill and the discipline. Okay? Alright. So Forex Market hierarchy. So sa Forex Market, hindi lang tayo ang nagtitrade. So ang tawag sa atin retail traders. So hindi lang mga individual yung nagtitrade. Kasi naman natin sila government, central banks and then yung mga medium size and small banks. Nagtitradein sila ng Forex Market. And nagtitig na natin pinakamaliit na percentage ng traders sa Forex is yung mga retail traders or mga individual traders. That's why sinasabi nila na Forex Market cannot be manipulated by just one person kasi ang liit lang ng percentage ng retail traders. At the same time, very broad yung Forex Market ang daming factors na naka-influent siya. So nang yun yung economy yung economy itself yung consumption, macroeconomic data, mga events, yung volume ng traders, gano kadami nagtitrade or naging invest. So lahat ng yun, lahat na naka-affecto sa economy naka-affecto sa Forex sa Forex price. So paano nagtitrade yung government and central bank sa Forex Market? Actually they don't directly trade. So hindi sila yung naka-harap sa platform or naka-harap sa chart tapos nage-execute ng buy and sell. So iba yung ginagawa nila. They don't trade. They can only influence the price of the currency. So hindi sila yung direct na nagtitrade. So paano nila na-influent siya? Actually is sa sinasang mga biggest market movers. So once na intervina yung government at yung central bank, malaki yung ginagalaw ng presyo sa Forex. So paano nila na-influent siya and by adjusting the interest rate? Actually they are tandem. Partners sila. So they work hand in hand in maintaining the target price level. So lahat na sinambansa merong kanya-kanya target inflation target price level. So depende sa economy ng bansa. So pinagtutulungan nga ng government siya ka ng central bank. So ginagawa na central bank is naga-adjust nila ng interest rate. So for example, masyadong mataas yung inflation, taas ng price of goods and services. So ang gagawin yung central bank, kung mas mataas yung sa target level nila na inflation, ang gagawin ng central bank is mag-increase ng interest rate. Just to control the inflation kasi pag nakontrol yung demand o yung pag-astas ng tao medyo bababa yung inflation. So most likely, yun yung mangyayari. But of course, we also have to consider other factors. So other way around, pag masyadong mababa yung inflation, mas mababa yung sa target level nila, magbababa naman ng interest rate sa central bank. Para mabus yung economic activity, mag-astas yung tao, bumaba yung interest rate sa loan, mag-inspire, mag-inspire gumastos yung mga tao. Okay? So malaki yung influence ng government at ni central bank sa Forex. But still, hindi nila totally makokontrol or hindi nila totally sabihin natin mamamanipulate yung market. Kasi andami pang ibang players yung mga factors. Okay? Next, major banks. So ito yung mga city bank Back of America. So yung mga malalaking banks, JP Morgan, nagtitrade nita nila nang Forex dong before. They are electronically connected all over the world. So nagtitrade nila through electronic brokering services or EBS. So ito yung ginagamit nila para connected sila sa mga banko, sa malalaking banko sa ibang bansa. Okay? So dun sila nagpakalita ng currency. Okay? And since major banks, imagine niyo city bank, ang laki ng capital niyan, diba? So malaki yung influence nila sa Forex market. Okay? That's why sinasabi nung ibang traders na you should trade like a bank kung nasan yung momentum or yung trend. Okay? So you cannot beat the market. You can only follow it. Okay? Kasi wala naman tayong ganito kalaking capital tulad ng capital na mga major banks. Next, medium size and small banks. So ito na yung mga banko natin mga commercial banks like BDO, BPI, security bank, yan. So nagtitrade din sila ng Forex. Okay? So connected din sila dito sa electronic ESA EBS. Yan. Okay? And then lastly, ito na tayo retail traders or yung mga individuals. Tayo, nagtitrade tayo ng Forex using brokers. So ito na yung mga retail market makers. So broker ito, yan. Retail EC and brokers, hedge funds and commercial companies. Okay? So ito yung mga participants ng Forex Forex trading. Okay? That's why as a retail trader, gusto ko sumabay dun sa trade ng majority. Yung pagsino yung malaki yung capital. Okay? And basically, kung saan papunta yung trend, kung saan yung momentum. Okay? So hindi lang hindi lang mga banko, mga tao yung nagtitrade, may companies. So either financial companies or non-financial companies, nagtitrade din sila ng Forex. Example, mga local company, example Jollibee. So hindi lang food business yung source of income nila. Hindi lang yung hamburger, Jolli Spaghetti, hindi lang yun. So meron din silang other sources of income, possibly nag-hire sila ng in-house trader at nagtitrade ng in-house trader, yung funds yung portion ng company nila. Okay? So napakadaming pwede magpagalaw ng market. Okay? So meron po bang tanong? Meron mam sa Q&A. Anong oras sa Pilipinas? Anong araw at oras bukas yung market? Okay? So good question yan. So anong oras sa Pilipinas? So pwede po kayo mag trade ng Forex Monday to Friday. So Monday nag-o-open na siya ng 5am nag-co-close ng 5am Saturday. Okay? So Saturday, Sunday, wala po forex trading Monday to Friday. Anytime po yan, basta open yung market. Kaya yung iba, kahit may full-time business or may full-time job, kahit estudiante, nakapag-trade po sila kasi nag-trade sila sa gabi, sa madaling araw o sa umaga, kung kailan sila available. Okay? So consider din po natin na when it comes to trading, we also have to consider our lifestyle and our schedule. So wala po talagang one size fits all na dapat gan itong oras ka mag-trade, dapat itong trading strategy. So you have to find what will work for you. Anong kakong may day job ka, 9 to 6, siguro sa gabi, pwede ka mag-drong kasi yun yung schedule mo. As comfortable ka sa gabi. So you also have to consider your psychology if you're not feeling well, may sakit ka. Most likely, waka na mag-trade. So pagwala ka sa mood, wag na lang, kasi affectado niyan yung psychology mo. So andaming factors na very individualized na kailangan nating i-consider. That's why when it comes to trading, hindi lang siya theoretical na dapat ituro dapat talaga kayo mismo mag-trade sa market. So naman tayong demo account para mag-gamit nyo for practice. Okay? Okay, so hopefully, I was able to answer your question. Okay, next. So ito po yung flow kung pala nang yayara yung trading. So nalaman natin na hindi lang pala tayo yung nag-trade sa market, nandyan yung mga banks which are the biggest players. Okay, so let's assume ito tayo. So retail trader, nag-open tayo ng trade. Nag-open tayo ng trade sa market using our broker TickMeal. Okay? So si TickMeal pinasanyat yung trade natin sa EBS o yung sa electronic brokering system. Actually, this is a matching point system. So online system po ito na, minamatch yung trade natin saan may available price. So for example, kahanapan nyan ng price yun sa mga banks or other liquidity providers sa Forex Broker, other Forex Brokers din, or financial institutions or hedge funds. Okay? So depende po sa availability ng price at ng availability ng price dito sa atatlo na ito. Okay? So ganun po nag-flow yung trading. Okay? So again, this is me, or this is you, nag-trade ka, nag-buy ka ng EuroUSD using TickMeal as your Forex Broker. Tapos si TickMeal pinasa dito sa EBS yung trade mo para mahanapan ka ng match sa mga liquidity providers. So pwede dito, sa bank po, pwede rin sa other Forex Broker or pwede rin sa mga hedge funds or financial institutions. Depende po sa availability. Okay? So it all happens automatically po. Mabilis po yun. All right? So let's move on. Different types of Forex Brokers. So meron po tayong dalawang klase Forex Broker. So actually hindi ko po ito alam. When I first started in Forex Trading. So nag-start po ako way back 2012 at sorry, ang tagala na 2016. So 2012 naging aware pa lang ako, pero hindi ko pa siya napag-aralan. Napag-aralan ko talagang Forex Trading ng 2016. So din po ako nag-start mag-self-study. Hindi ko po ito alam kasi walang YouTube channel, online article na na nito na the define ano ba yung mga klase ng Forex Broker? Okay? So yung medyo recently ko lang ding siya nalaman. So what are the types of Forex Brokers dealing best or market maker? So this type of broker usually provide thick spreads. So ano po ba yung spread? Yung trading cost na binabayaran natin. Okay? So usually yun yung ano nila, yun yung trading cost nila fixed. While no dealing best, NDD, STT, and ECN. So ito naman po yung hindi market maker. So no dealing best sila. Usually ang spread nila or trading cost is viable. So nag-mumove po yan, market condition. The reason for that bakit variable kasi yung mga Forex traders meron silang direct access to the interbank market. So yung trade na mga traders directly pinapasang ng brokers sa mga liquidity providers. Which are usually the banks, yung mga big banks. Okay? Alright, so ano ba yung dapat pay in? So short cut na lang natin. Dapat piliin no dealing best or yung market maker na may dealing best. Mas okay po. Dapat po yung no dealing best. Yan. Although variable yung spread nyo or yung trading cost, meaning gumagalaw or nagbabago-bago. Pero this is more reliable. So meaning hindi po nag-trade against yung broker. Yung trade mo din na direct nila sa mga liquidity providers. Okay? Okay, let's have a clear example. Okay, so good question sir Alvin. Ah, no po. So no dealing best po si Pikmil. Okay? Pa na pala natin malalaman if market maker yung isang broker. Isang sign is fix yung spread nila o yung trading cost. Second is nago-offer nila ng mga sobrang taas na deposit bonus. Either deposit bonus or no deposit bonus. So nago-offer nila ng let's say 50% no deposit bonus tapos pwede mo may withdraw yung profit. Or 100% deposit bonus meaning do-doblay nila yung capital mo once na nag-deposit ka. So it's also assign. And another thing, so aside din sa deposit bonuses sa fixed spread ano din po yung masyado silang offers yung mga marketing offers. So usually po yung yung mga signs the market maker si broker. Okay? So paano na go-work or paano nagpuflo yung trading sa isang market maker broker? Okay? So sa mga forex brokers po meron tayong tinatawag na book A and then book B. Okay? So for example um si John bago siya sa forex trading kisang yung B. So gusto lang niya muna market, so maliit lang muna yung capital na diniposit niya. So let's say $50. So si John meron $50 sa account niya, sa live account and then gusto lang muna niyang itest kasi hindi pa siya masyadong marunong, so hindi pa niya masyadong nabibill yung skill. Okay? Ano siya? Nag-open siya ng trade, nag-buy siya ng Euro-USD. Okay? So since bago pa lang siya at hindi pa siya dinong karunong maliit din yung capital niya, most likely this is a losing trade. So nalugi siya. So pre-noses ngayon yung market maker broker and then si broker nag-trade against minatch ngayon minatch ngayon ni broker yung trade ni John. So nag-sell ngayon si broker ng Euro-USD and this is a winning trade. Okay? So nakabay si John ng Euro-USD mali yung trade position niya kasi bumagsak yung market. So nag-trade ngayon yung broker ng market maker ng Euro-USD, nag-sell siya. So yung broker yung nanalo. Okay? So basically sa market maker market maker broker kumikita sila once na natalo yung trades ng clients. Okay? So isa siya sa mga sources of income ng market maker broker. All right? So another scenario paninangan kung magaling na mag-trade yung trader tapos malaki yung capital niya. So si broker ilalagay siya sa Book A. So dito naman sa Book A. Kaya kin-classify nila yung mga traders lalagay yan sa Book A. Ngayon si anabang pangalin si Artworth nag-buy siya ng Euro-USD. Dahil marunong na talaga siya mag-trade. Matagal na siyang nag-trade at malaki yung capital niya most likely this is a winning trade. So yan, pre-noses na nang ngayon ni market maker broker. So ngayon si market maker broker ita transfer yun o ipapasa yung trade niya yung bi Euro-USD sa mga liquidity providers i mamatch. So siyang liquidity provider yung may camatch na presyo. So let's say si Banko, si Bank of America. So si Banko of America sold Euro-USD. I mamatch niya kasi nakabay si Artworth nag-sell naman yung Banko o Banko of America. So ibig sabihin si Banko of America o yung liquidity provider sila yung nag-shoulder ng losses. Okay? Nanalo si Artworth natalasi liquidity provider. All right? So that's how market maker works. So hindi laging nag-trade against yung broker. So dinadetermine nila. So kung ilalagay ka sa book A or sa book B. All right? So punta naman tayo sa ECN ECN brokers and STP brokers. So these brokers are non-market makers nila. So wala silang dealing desk. Meaning, pag nag-trade ka direct siya sa liquidity providers yung trade mo. Okay? So example, so ganin pa rin may book A and then may book B. So for example um si Artworth matagal na siya nag-trade sa market tapos malaki yung capital niya. Nag-sell siya ng Euro-USD. Ngayon, using an STP and ECN broker pinasa ngayon ng broker sa mga liquidity providers directly. Kung baga, sila lang yung nag-facilitate ng trading. So kung si naman yung liquidity provider na may camatch na price, yun yung mag-shoulder ng losses. Okay? So pinasa na sa liquidity provider and then minatch ngayon ng liquidity provider yung trade. Okay? So direct dito sa mga STP and ECN brokers. Um dito naman sa book B. So ganin din, si John bago sa market, maliit yung capital niya. So nag-trade siya nag-buy siya ng GBP-USD pinasa ngayon ng broker sa mga liquidity providers kung sino yung mga pag-match ng presyo. Yan, so pinasa directly. And then minatch na yun ng liquidity provider yung trade ni John. Okay? So basically dito sa STP and ECN broker direct na, direct ka na nag-de-trade sa mga liquidity providers. Not really direct pero pinapasa ng broker directly sa mga liquidity providers. So sila lang yung nag-facilitate ng trading. Okay? Unlike sa market makers na they, may tendency na mag-trade sila against you. Okay? If you're on a book B. All right? So good question sir Aeron. Paano namin malalaman kung saan kami ilalagay ng mga broker? Or makikipag trade against yung mga brokers namin? So that's a good question. Actually hindi ko rin siya masasagot straight out. Paano kasi yung mga questionnaires na pinapasagotan sa client upon registration di ba? Example yung appropriate test. So malalaman din ng broker kung may experience ka na ba o matagal ka na nag-trade sa market or newbie ka lang. Okay? So paano yung malalaman if makikipag trade against you yung mga broker? Most likely na sa book B. John. So that's something na hindi natin totaly masasagot. But may idea na, pag diniclear mo ka na newbie ka, most likely ilalagay ka sa book B. Okay? Nasagot ko po ba sir Aeron? Yung question. All right. Thank you so much. Sir Kevin. So anong type ng broker po cityk mill? So cityk mill po, don't worry STP and ECN broker po. So wala po tayong dealing desk dito. So lahat po ng trades nyo direct pinapasa namin directly sa mga liquidity providers. Okay? So mapapansin nyo din po yan hindi po kami nag-offering ng matataas na deposit bonuses. Wala po kami no deposit bonus tapos mababa din po yung trading cost or yung spread. Okay? So malalaman nyo po kung market maker, you can also do your research po. Punta lang po kayo sa mga review sites. Mamaya po pa kita ko yung screenshot ng mga website. So punta po kayo sa mga review sites. Makikita nyo po din yung mga reviews about Forex brokers. All right? So punta po tayo sa Q&A. So sir Louis ano poong difference ng market maker sa ECN? So si market maker po may tendency po siya na mag trade against the client. Okay? Pag na sa book PC client. So si ECN or STP broker naman po pag nag trade kayo pinapasa directly yung trade nyo sa mga liquidity providers. Okay? So basically mas maganda po ang STP and ECN. Okay? Na, sagot ko po ba sir Louis? So salamat po sa mga tanong. Type nyo lang po kung may questions po kayo. May question ma'am sa chat box. Ask. Si Mamhana Obaldo. Ang tanong nyo ay how about po kung ang fix spread ay sa isang instrument like gold pero sa ibang instrument like currency pairs can't be fixed. Ano po ba ang masasabi natin doon market maker or hindi market maker sa ang kategori kaya siya? Good question po Miss Hanna. Thank you, Pastor Shim. Pag fix po yung spread sa gold tapos variable naman yung spread sa other pairs. Okay? So maganda po yung scenario. Actually may brokers na hindi straight out market maker. So it's a combination of market maker and STP and ECN. So, possibly po, hydrate po yung broker. So depende po, hindi ko po masagot straight out kasi hindi ko rin po alam yung broker. But possibly po ganon, hydrate po siya. Okay? Pwede rin naman po na ECN or STP broker siya. So yung spread sa gold not really the spread but commission. So hindi po siya yung spread pero fix commission po siya. Okay? So para po yung anin natin yung account type natin na pro account, raw spread siya, sobrang babapon ng spread minsan sense lang or minsan nag-zero. Pero meron po tayong fix commission na $4 per lot around $30. So pag commission naman po, hindi naman po yun. So hindi naman po market maker. Okay? So masagot po po ba misana? Okay? Sige po. Type nyo lang po yung mga questions nyo. So far, move on na po mo na tayo sa topic. So role of forex brokers. Brokers are firm that provide currency traders with access to trading platform. So basically yung mga brokers, siya lang po yung nagpuprovide ng access sa trading platform para pumakapag-trade yung mga retail traders na katulad natin. So din po tayo nagbabay and sell ng foreign currencies. So this is the universal platform of forex trading. So tavag po dito is meta trader. So meron po siyang dalo ang version mp4 and mp5. Meta trader 4, meta trader 5. So halas pareho lang po sila ng user interface. So hindi nyo po masyado makikita yung distinction ng mp4 and mp5 pag nagnanavigate kayo. So meron lang po ang konting features na different sa mp5. So malalaman nyo po yung once you've started trading. Okay? So how I platform yung meta trader 4 and 5? Pwede po siya sa tablet, ipad, mobile device, basta po may internet connection. Okay? So pwede po yan. So kahit cell phone lang po yung gamit nyo pwede po kayo mag trade. That's why you can trade anywhere in the world. So kahit na saan kayo pwede kayo mag trade basta may device and then may internet connection. Okay? All right. So let's move on to the features of forex market. First currency volatility. So this is the frequency and extent of changes jump in a currency's value, price. Okay? So when you say volatility ito yung lakas ng lalaw ng presyo. Okay? So meron na po ba dito naka-experience ng extreme market volatility na trade during NFP or during big news. I know some of you or most of you dito sa webinar, naka-attend na ng NFP. So hopefully ma-experience yung po mag trade during extreme market volatility. Yes, sir Alvin. So lakas ng slippage sa NFP. So talagang malakas po yung lalaw ng presyo pag may mga news katulad ng NFP. Okay? So currency volatility. So meron pa po ba? Siya po. Tight nyo lang po. Currency volatility. So meron po tayong dalawang klasin ng volatility. So high volatility and low volatility. So for the high volatility profits can be earned within a shorter period of time. So ito po yung gusto na mga forex traders. Kasi pag may volatility din po tayo malakas pag malaw yung presyo talagang malakas yung galaw ng presyo. So kailangan lang po tama yung trade position natin. So pag tumas yung presyo kailangan nakabay tayo. Pag bumagsak yung presyo kailangan nakasel tayo. Otherwise kung opposite yan malaki din po yung loss. Kaya when it comes to volatility it's also a double-edged word. Hindi po siya pure positive. Yung negative feature. So kailangan po talaga tama yung trade position. Okay. Low volatility naman when a currency pair does not fluctuate as much. Okay. So bumagalaw siya. Pero hindi siya masyadong nag-flucked with. Mag-drawing na lang po ako ng chart. So compare po natin yung high volatility sa low volatility. Okay. So pag nag-trade po kayo sa platform isa po sa pinakamalaking part ng Meta Trader o ng platform is yung chart view. So yun po yung babasahin natin. Para isa po siya sa mga factors na ako consider natin para makapag-decide whether to buy or sell. Okay. So the chart symbolizes the price action. So sa high volatility asset or currency pair. So ganito po ang galaw niya. So talagang malakas. Malakas. Tapos minsan mabilis yung galaw ng presyo. How about low volatility? So may volatility parin naman. Pero hindi siya ganun ka, lakas. Okay. Pwede parin naman kayo mag-trade dito. Okay. Pero most likely short term siya. So mag-co-close agad kayo ng trade or magsaset kayo ng malapit na take profit. Okay. So good question, Sir Alvin. Why there is a volatility? What causes the movements? So napakadami po ang reasons bakit nagiging volatile yung isang market. Meron bang big news. So let's say, mga calamities or meron bang election, may pandemic. Meron bang meeting or announcement from the central bank. Nagtaas ba o nagbabanang interest rate yung central bank. Yung volume din ng traders. So marami bang traders during that time na nagpapagalaw ng market. At malaki ba yung funds na tinit-trader during that period. So yung volume ng traders at yung volume ng capital. So napakadami po talaga. So yun, halis lahat ng factors na naka- affecto sa ekonomia, naka- affecto sa pricey ng forex. Okay. NFP po isapuyan sa mga big news sa US na inaabangan ng mga traders. It stands for non-farm payroll. So nangyari po siya every first Friday of the month. So sa December, sa December 8 po, sabay-sabay po tayo mag-trade next Friday. So any more questions? Yes, so usually ang pinakavolatil na currencies sa forex ay yung 7 major pairs. So yun, thank you, Miss Maria Luisa. So yung mga currencies na may partner na US dollar. Euro-USD, USDJPY, AUD-USD and so on. Okay. Basta po may USD na partner, most likely they are volatile. Kasi, US, world's currency reserve po siya. So meaning, maraming bansa nag-gumagamit ng US dollar. So sabi nga po ng isang economies kung pagsasamasamahin yung lahat ng para sa buong mundo, 60% of those are made up of US dollars. So ganun po kadami yung US dollars in circulation. So hindi katulad ng Turkish lira, yung para sa Turkey na, most likely sa Turkey lang ginagamit, ang US dollar all over the world. So even banko central ng Pilipinas, ang US dollar reserve. Okay. So remember when it comes to trading, we have to look for volatility. So yun po, ingat lang po kasi, it's a double-edged word, kailangan din po ng risk management dito. Okay. All right, so next, you can earn money both in a bullish and bearish markets. Okay. It's time to it's time to ask questions para pumagamit natin yung point system natin. So at the end of the webinar po, kung sino po yung may pinakamataas na points, makakalisi boost kayo ng take-mill merchandise. Okay. So bullish. When you say bullish, ano po yung unang pumapasok sa isip nyo? What does it mean? Sige po. Bye. Yes, Miss Kathy. So top three po, down trend. Long. All right. So thank you so much for answering. So meron na po tayong top top three. Si Miss Kathy bye. Five points. Si Sir Emanuel. Sir Emanuel three points. And then siino ba yung last? Paakiat. Yes po. Thank you. Pastor Shen. One point. All right. Okay. So dito sa Forex Market pwede kayong kumita whether the market is going up or down. Kaya tinatawag tung recession proof business eh. Kasi kahit recession kumpabagsak lahat ng market magsell ka. Okay. Kumpabagsak yung Forex Market. Okay. So next. You can trade anytime, anywhere. Okay. So maganda to para digital nomad, di ba? Nagkatravel and at the same time nagtatrabaho or kumikita. All right. So kahit nasan ka, kahit nasa beach ka, nasa school ka, pwede kang kumita dito. Pwede kang maggrain. Okay. Kaya trading schedule. So yan, minagtanong nakanina ng trading schedule. For Forex Market, open yung market ng Monday, 5 am and then Saturday, 5 am. Up to Saturday, 5 am. So from Monday to Saturday po yan. Okay. Kaya kahit madaling araw, pwede po kaya mag-trade. All right. So deg-degalang po for the crypto market, 24-7 po ang market. So Saturday, Sunday, pwede po kaya mag-trade ng crypto. Okay. And then for the stock market, depende po yan kung open yung stock market ng particular country. Let's say US stock market, nag-open po yan ng Monday, 8 pm, hanggang 4 am in the morning sa oras natin. Kaya po minsan kaya pag-umaga hindi kaya mag-trade ng US stocks like Apple, PNG, kasi sarado po yung US stock market. So hantay po kayo ng gabi, kaya mag-trade ng araw. Okay. And then, yan. So what, the best question ah, when is the best time to trade? Yan, madales ko po itong narireneg, marami po nagtatanong nito. Anong oras ba yung the best, best time to trade? Actually po, wala po yung specific answer dito. Kasi, pagdating sa trading, lagi po yung case-to-case basis. Consider your lifestyle, your schedule and as well as your mood. Anong time of the day ka ba pina-feeling mo productive ka yung hindi ka stressed out. Yan, dipenderin yan sa trading strategy kasi may mga trading strategy po na time sensitive. Okay. So um, looking at the map, so na, eto po ulit yung 4 stock markets in the world yung pinakamalaki. So, dipendi po yan, um, makakarun lang, makakarun lang po tayo ng clue kung ano yung wallet yung during that time period based on the stock market na open ng time na yun. So, for example, um, Sydney Market, um, this is the stock market in Australia. So, nago open po siya ng 5 a.m. Philippine time and then nago close 11, 11 a.m. Philippine time. So, yun po, uh, during this time, uh, walletin po yung Australian dollar. But to be honest, uh, si Sydney Market o sa Australian market, Australian market, um, medyo mahina po or mababa po yung volume ng traders during the Asian Session sa Umaga. Genan din po sa Tokyo o sa um, JPY. So, nago open po siya ng 7 a.m., uh, nago close ng 11. So, yun din po, nagiging volatile yung Japanese yen. Okay? And then, sa hapon, BPM, hanggang 11 p.m., nago open, sorry, London pala. Nago open si London Market. Okay? So, GBP po naman yung, um, volatile dito. Okay? And then, si New York Market nago open po siya ng 8 p.m. hanggang at 4 a.m. in the morning. Okay? So, USD naman po, lalong dumalakas during this time. All right. So, wala pung best time to trade, but if you're going to ask me, ano oras yung pinakavolatil for the major pairs? Dito po, yan, dito. Uh, sa gabi, yung overlap between the London Market and the New York Market. So, yun po talaga yung malakas gumalao ang mga major pairs. But I'm not saying na, kailangan mag-trade kayo sa oras na to. So, depended pa rin po yan sa inyo. Okay? Kasi ming mga nag-trade po early in the morning, 5 a.m. Still, successful pa rin po. So, talagang depended po sa inyo. Once na, nakita nyo na po kung ano yung mag-work sa inyo. Okay? So, any questions po, so far? So, eto pa po yung schedule na mga stock market. So, sa Frankfurt, Germany, nag-open siya ng 3 p.m. and then, nag-co-close ng 11 p.m. So, it's in Manila time po. Then, sa London Market, nag-open ng 4 p.m. and then, nag-co-close ng 12 a.m. So, naka DST na po pala to. Yan. So, kailangan nating mag-add ng one hour pag DST. New York Market, sa U.S., nag-open ng 9 p.m, nag-co-close ng 5 a.m. And then, sa Sydney Market, sa Australia, nag-open ng 5 a.m., nag-co-close ng 1 p.m. And then, sa Tokyo Market, sa Japan, nag-open ng 7 a.m., nag-co-close ng 3 p.m. Okay. So, mag-resource siya po ito sa Google para po may guide kayo. So, para po may guide kayo kung anong oras ba volatile yung specific currency. All right. So, yan. Next. Leverage. Yan. So, may 2 types of trading. Yung traditional, and then, yung margin or leverage trading. Since leverage trading or margin trading, ito yung ginagawa natin sa Corex Broker. Ano ba yung leverage? Okay? Number one, leverage is a borrowed capital from the broker. It's a credit. So, think of it as a loan na pinapahiram sa inyo ni broker para tumahas yung trading power niyo. Mas marami pa kayo may trade. Okay? So, imagine paano kayo mga pag-trade ng foreign currency kung ang capital niyo is $50. So, kailangan natin maglagay ng leverage para tumahas yung trading power niyo. Okay? So, think of it as a multiplier. So, minumultiply yung capability niyo na makapag-trade sa market. Okay? Medyo vague pa. So, ngamaya magbigay tayo na example. Leverage is usually expressed in ratio. So, depending on account, whether demo account or live account, may mga options po kayo sa leverage, like one is to 100, one is to 20, one is to 50, one is to 200, 300, 500. Okay? So, yan po, dipende po sa risk appetite niyo kung ano po yung leverage na pipiliin niyo. So, for newbies, I highly suggest or pwede po siguro ang 100 to 200 leverage. Okay? Kasi kung masyado naman po mababa, para din po, siguro po, walang masyadong difference yung traditional trading sa trading dito sa forex broker kung masyadong mababa. So, at least 100 to 200 po. Okay? Kung mataas naman po yung risk appetite niyo, pwede po 500, one is to 500. Okay? So, leverage allows trader to trade more or more with less capital requirements to open a position. So, yan. So, kahit $50 yung capital, pwede kayong makapag trade ng foreign currency using leverage. Okay? So, ang share ko lang po, punta tayo sa meta trader. So, punta po tayo sa platform ng Tick Meal, meta trader for, papakita ko po sa inyo yung leverage. Sorry. Share ko lang po. So, nakikita na po ba yung screen? Okay. All right. So, sorry, hindi pa lang nakalogin yung demo account ko dito. Anyway, so hindi na po tayo mag magtitrade, magtitrade sa demo account ngayon. So, papakita ko nilang po sa inyo paano nagu-work si leverage. Let's say your capital is, balance kasi natin dito zero na gamit ko na kasi yung welcome account ko. Yeah. So, let's say, ano na, let's say ang balance natin dito is 1,000 US Dollars. So, imagine na natin 1,000 US Dollars. So, for me to be able to trade one standard lot of Euro-USD, magkali akailangan po. So, ititrade ko one lot of Euro-USD. Okay. So, kasi ba yung capital ko na 1,000 US Dollars. So, para malaman natin kung magkano ang kailangan, punta po tayo dito sa mga symbols. Dito po sa Market Watch din, look for Euro-USD. So, ito po si Euro-USD. So, right-click lang po natin for us to see the specifications. So, ang ahanapin po natin dito is the contract size. Okay. So, the contract size of Euro-USD is 100,000. 100,000. So, kailangan nyo kung ng 100,000 para makapag-trade kayo ng one standard lot ng Euro-USD. Pero ang capital nyo is 1,000 US Dollars lang. So, hindi kayo yag allow ng system paganon. So, dito natin kakailanganin ng leverage. So, kung may leverage po kayo, it is possible for you to trade a standard lot of Euro-USD. Which is equivalent to 100,000. Okay. So, asong natin yung leverage po na sinet nyo during the registration is 1 is to 100. So, ito po yung leverage. There. Okay. So, paano natin malalaman? So, it will already give you a trading power. So, tumas na po yung amount na pedeng yung itrade. So, paano natin malalaman kung magkano yung amount nakailanganin yung kakailanganin yung para makapag-trade ng yun ng one lot of Euro-USD use it with the 100 leverage. Okay. So, ganyto po siya. One, one lot po ito. So, ita times lang po natin sa contract size. So, kani natin na natin yung contract size ng Euro-USD. That's 100,000. Right? Okay. So, ganyto po natin sa current market price ng Euro-USD. So, we will follow the ass price. So, ito po siya. So, that's 1.09841. Okay? All right. So, halimbawa wala po mo ng leverage. Si na po pwede yung mag-calculate nito? Sige po, bigyan natin ng points. So, magkano po ito? Sige. Compute ko na rin po. Compute ko na rin po. One? For five points. That's five points ko. Times. May sagot na si Sir John Carlo. All right. 109,000. Ang computation ko po is 109,841. 141. Less dollars. All right. So, congratulations po Sir John, Sir Kevin, Miss Jillian. Pa, note na lang po pastor siyang. Salamat po. Sige pa. Sige pa. All right. So, kailangan natin ng 109,841. U.S. dollars. All right. So, obviously, hindi po ka siya ang capital natin na 1,000 U.S. dollars. So, kakailanganin po natin ng leverage para makapag-trade po tayo ng one standard block ng Euro-USD. So, let's say 100 po yung leverage na inaplay natin. So, it'll divide lang po natin to sa 100. Okay. So, divide lang po natin sa 100. Si na po ang pedeng sumagot? Sige po. Five points po ulit. 531. All right. So, 10,984. All right. So, congratulations po sa mga nagka points. So, kailangan po natin, ay sorry, 1,000 lang pala. Si Miss Maricel ayyan. Si Miss Maricel. Hindi kasi ako nag-computer. Ayhan. So, yung kanina yung nakita ko. So, 1098.41. Okay. So, okay. So, malaki pa rin po ito. Kasi ang capital natin is 1,000 1,000 USD. But, it will allow you to trade na. So, dahil sa leverage, pwede na po kayong mag-trade ng one standard lot. So, it will only take 1,098 dollars and 41 cents. Okay. So, kahit mas malaki po ito sa capital nyo, pwede na po kasi may leverage po kayo. Okay. Aklear po ba? Or may mga questions? Ayhan. So, paano po yung balancing yan? Okay. So, maganda po ang question yan. So, kailangan po mag-trade tayo. Actually, sir, yung balance po nito is kung makano yung deposit nyo, plus yung close trades. So, pag nag-close na po kayo ng trade, mamaman minus or mag-add po yung sa balance. But, yung leverage po, hindi po sya nag-appear under balance and equity. So, makikita nyo nang po yan sa dun sa number of trades na pwede nyo e-execute or sa trade size na pwede nyo e-execute. So, basically, mas malaki yung leverage, mas malaki po yung trade size na pwede nyo e-execute or mas marami po kayo yung trades na pwede nyo e-open. Okay. So, we will discuss more of that sa platform navigation po. Ayan, see, yes, since it's already 802, e-save po natin yung leverage na topic sa second, ane natin, sa second webinar yung po sa platform navigation. Okay. All right. Last na po ito. So, sorry, medyo overtime po tayo. Balik po tayo sa slides. So, another feature of Forex Market is yung transparency. So, it's an open book. You know what I know and I know what you know. So, lahat po ng data, makikita nyo, or not three, hindi lepo lahat, pero majority ng data, makikita nyo online. So, punta lang po kayo sa following websites, Daily FX, my FX book, FX Street and of course, Tick Meal. May education materials po kami sa Tick Meal. Okay. All right. So, last topic, why trade Forex? Bakit nga ba? So, ane medyo mahirap d'y mag-aral ng bagong skill, diba? Especially Forex, akala natin po romat, pero hindi talaga siya po romat, kasi the system will automatically compute your profit or your loss. So, wala po tayong ane dito, calculation masyado. So, bakit kayo mag-de-trade? So, diba? Sa lahat ng gagawin natin, we have to know the why. First is, the price is set by all the buyers and sellers all over the world on a real-time basis. Okay. So, real-time market siya. So, ibig sabihin, pwede kang kumita in a short amount of time, provided na tama yung trade position mo. Okay? Mabilis po yung galaw ng presyo. Online business. So, kahit nason ka po, basta may phone or laptop plus internet connection. And of course, capital, pwede po kayong kumita. Okay? You can start a minimal capital. So, sa peak meal, dating $100 yung deposit, $50 na lang po ngayon for dragon pay. Okay? So, no middleman and no manipulation. So, wala po tayong middleman dito sa billing desk. Ano po, direct siya po na pinapasang ng peak meal yung trade nyo sa mga liquidity providers. At no manipulation, kasi wala po mga pag-manipulate ng market, sobrang lawa ko ng Forex Market. The government and central bank can only influence the price action for the Forex. Okay? 24-hour market sa Forex Market, Monday to Friday, pwede po kayong mag-trade. Time flexibility. So, any time of the day, within Monday to Friday, pwede po kayong mag-trade. Okay? Kaya pwede nyo po siyang gawin, kahit meron po kayong ibang pinagkakaabalahan. Business, trabaho, pagaaran. So, pwede po. This is a 100-year-old industry. So, in 2009, the first decentralized cryptocurrency, Bitcoin, was created by presumably, Shadonimus, developer sa Toshi Nakamoto. It is used, SHS-256, a cryptographic hash function in its proof of work scheme. Okay? So, Forex trading, matagal na po siya sa industry, 100 years na po siya. So, compared to crypto trading na nags-start po siya ng 2009. So, if you were able to profit in the crypto market, kasi very volatile po ang crypto market. May mga time po na volatile siya. So, what more pa sa Forex trading na established na po siya ng 100 years. One century. So, basta po, meron na kayong skill at na develop nyo na po yung discipline, you can earn consistently in this market. So, yun, singit ko lang po. As a Forex leader, ang goal ko po talaga is consistent profit. So, pwede naman po talaga mag-speculate dito sa market or kumita ng 1000%, 2000%, 5000%, people can do that. May mga traders na kumikitang ng ganun ka laki. But the problem is, it's not sustainable. So, hindi siya ganun consistent. That's why mas maganda na iprakis natin or e-aim natin yung consistency na kahit hindi ganun ka laki, basta nabibigay ng cash flow sa bank account natin every month or every period. Okay? Kailangan isipin natin this is a business. All right? And then lastly, you can help once-concrease economy. So, example, Singapore and Malaysia. So, pag nag-de-trade po kayo ng Forex, nakakatulong din po yan sa ekonomiya ng Pilipinas. Okay? And of course, this is a decentralized market. So, wala poong central governing agency, pwede nyo putong gawin online. Hindi katulad ng stock market na meron tayong Philippine Stock Exchange. Sila po yung nag-sasettle mga transaction. All right? So, let's skip this example. Okay? So, last na po to. Understanding currency pairs. So, pag nag-de-trade po kayo ng Forex, lagi po yung paris. It's always in pair. So, lagi po yung dalawa. For example, Euro-USD. So, the first currency is called the base currency. Okay? And the second currency is called the quote currency. All right? So, they cannot be interchanged. Yan na po yung set up o yung format niya sa platform. So, yung base currency is equivalent to one. Lagi po yan, laging one. And the quote currency is equivalent to the exchange rate. So, depended po kung ano yung exchange rate during that time. All right? So, how about buying and selling? So, when you say, bibili ako ng Euro-USD. I will buy Euro-USD. It means that you are buying the base currency. So, lagi po ang base currency ang basis. Yan. You are buying euro. You are buying one euro. And then you are selling US dollar. Or nagbabayad ka ng certain amount of US dollar. So, kung makano po yun, kung makano yung exchange rate. Okay? So, on the other hand, din naman po tayo sa sell. When you say, sell euro-USD, you are selling euro. You are selling the base currency or you are selling one euro. Yan. Nakakariseib ka. Or you are buying US dollar. Makakariseib ka ng certain amount of US dollar based on the exchange rate. Okay? Okay? So, ang logic po dito is pagbinilin mo si base currency, kailangan ipangbayad mo si quote currency. Pagbinanta mo naman si base currency, kailangan bayaran ka ng quote currency. Okay? So, simultaneous po siya yung buying and selling. Pagbinilin ka, kailangan may pangbayad. All right? And the base currency is always the basis of buying and selling. All right? So, any questions po before we end? Okay. So, kung wala na pung questions, be ready sa Will of Names po natin. So, hopefully wala pa pung nag-le-live. I think na dag-dag naman po yung attendees. Yan. So, don't forget po to write down your names dun sa Google Sheet kasi para po makasama kayo dito sa Will of Names. All right? So, wala na po bang questions? Sige. Prepare ko na po yung Will of Names natin. Okay? Okay. So, I think may mga nabura po na names. Yan. Si Miss Cathy Bondock. Sige. Swillet ko nalang po yung name nyo. Yan. Para makasali kayo sa Will of Names. Yan. Sige, haboy po kayo. Para po makasali kayo. 28 lang po yung nandito. Less pa yung mga spaces. Yan. So, share ko na po. Sige. Si Hannah Ubaldo. Check natin. Okay. Sige. Add po natin. All right? So, so far, meron po tayong 26 entries dito sa Will of Names. So, hindi po kami kasama dito ni Pastor Shen. All right? So, watch out po. Bakatawagan po yung names nyo. So, eto po yung gambling. Draw that's lang po siya. It's a matter of luck. And this is not related po sa Forex Trading. Kasi sa Forex Trading, meron po tayong mga indicator. All right? So, congratulations, miss Anisa B. Alpar. Oyan. Congratulations, ma'am. So, message nyo lang po ako sa Facebook. Facebook account ko na miss Kathleen. Send nyo po yung full name, address, contact number, and then kung ano po yung apologize na preferred nyo. Okay? So, pati lang po color. So, red, white, and then black. All right? So, next, next winner, nyan. All right? So, we have miss Mia. Guli ba? All right? So, congratulations, ma'am. Same thing po, message nyo po ako with your details. Okay? So, last but not the least. Okay. So, ayan. So, we have sir Ron. Nagging. Oyan. Congratulations, sir. Send nyo lang po sa akin yung details nyo. Full name, contact number, mailing address, and then yung color, shirt size. And then yung color din po. Kung gusto nyo, red, black or white. Okay? So, kanina po, soot po kan yung polish shirt ng tic-nil, yung color, red. Okay? So, congratulations po sa mga winners. And also, thank you so much po for your active participation. So, hopefully, ba rami po kayong napulot na yung gabin na to. And keep on attending our webinars. So, before we end po, meron po bang mga questions or concerns? So, hindi na po ako makapag-open ng video, baka po mahinana po yung internet connection. All right? So, kung wala na po, thank you so much po for your active participation. Sa mga recording po, make sure po to leave your email address dito po sa chat box o din po sa Google Sheet na sinend ko. Isa-send po namin yung recording after the webinar series. Okay? So, don't forget po, yung 20% deposit bonus natin hanggang December 31, take advantage of that. Pwede po kayong sumabay sa trading namin sa Friday, sa NFT. So, December 8 po yun. So, you can fund your account for a slowest $100 and then let me know, message siya po ako kung gusto nyo po mag-apply ng 20% deposit bonus. All right? So, for the points na i-record na po namin yun. So, i-accumulate po namin yun and then yung pinakamataas po yung top three, makakarisip po yun makakarisip po kayo ng corporate giveaways from Tick Meal. Okay? So, sige po, stand nyo lang po yung email address nyo dito sa chat box. All right? So, screen shot ko po yan isa-isa. All right? So, thank you so much po everyone. Pastor Shem, meron pa po ba kayong reminder? May, ang isang reminder ko mam, yung sa point system mam, magbibigay po ako ng one-hour session free. So, kung interested po kayo na may mga special questions kayo, yun. Keep on answering po yung mga questions natin para kung kayo yung top earner ng points, ay magkaran po kayo ng one-hour session. So, very nice po, Pastor Shem. So, yun po, participate po tayo actively para pumakapag-avail kayo na one-hour session with our analyst and coach, Pastor Shem. Okay? So, looking forward po, yan. Marami pang nag-look forward ng one-hour session sa inyo, Pastor Shem. Okay? So, thank you so much po. You can leave the zoom na po. Screen shot ko lang po yung mga email address. See you again on Friday po, same link. Thank you so much. Good evening. Thank you po for attending. Thank you mam, Kathleen. Thank you din po, Pastor Shem. Bye po. Sir Alvin, thank you for attending. Thank you po, Sir Alvin.