May 8th, 2008
In the first article, you had learned about the basics of forex trading. You also learned about some key forex terminology like “pips”,” margin trading”,” lots” and so on. Now you need to know what a forex quote is. Because without knowing what a forex quote is, you simply cannot trade the forex market.
May 2nd, 2008
I am sure you have probably heard of stocks and bonds. Many of you must have already done that. Now welcome to the world of forex trading. What exactly is forex?
The word Forex is a loose acronym for Foreign Exchange Markets or forex market, and it started off in the 1970s. What then is a forex market? Forex market is simply a place where money is sold and bought depending Continue Reading »
Apr 27th, 2008
Trading in foreign exchange (forex) is full of pitfalls, and also high peaks. You can either make money, or lose money. The best way to avoid pitfalls is to find the right information on Forex trading.
First and foremost you need to learn how the forex market works, what it involves and how to deal in forex trading. There are a large number of websites on the Internet which offer these services.
There is one site named goforex.net that contains all Continue Reading »
Apr 16th, 2008
Let’s first understand some basics about forex trading. Forex stands for For(eign) Ex(change). Trading in forex means that you are buying and selling currencies of other countries with your own country’s currency OR with foreign currencies that you possess.
Before going any further, you must first check with your own country’s rules and regulations about individuals trading in the currency market, as opposed to trading in shares and stocks of companies. This is a significant Continue Reading »
Apr 9th, 2008
When you find yourself in a market that has a daily volume of over $1.8 Trillion, it becomes very vital that you get the necessary tutorials needed to give you the desired cutting edge for success in such a highly liquid terrain.
I do feel that some basic things must be taught on foreign exchange tutorials like: Continue Reading »
Apr 2nd, 2008
Selecting the right automated FOREX software to use has become a challenge for everyone willing to ensure a head way in this trade. Selecting the right FOREX automated system to use while trading, is essential towards ensuring success in this trade. FOREX trading software comes in manual and automated forms, and could distort or enhance your performance as a FOREX trader if not properly utilized. Recently, we have seen enormous shift from Continue Reading »
Mar 25th, 2008
First, a beginner must be in a good financial situation for Forex. If you have any debt, before you start Forex Trading I would suggest eliminating it to allow yourself the financial freedom to pursue Forex wholeheartedly. Here is a website to set yourself on the path of financial freedom.
Now that we have ourselves in a good financial situation, our next step is to further our understanding of the current world economy. Just following Continue Reading »
Mar 21st, 2008
Let’s start by giving you an appetizer. Global foreign exchange market is the largest market in the world. At a daily turnover of 3.2 trillion US dollars it stands tall and above the combined turnover of the entire world’s stock and bond market. So sky is the limit, take that fact as an inspiration to begin with.
Now here is the caveat: Foreign Exchange market involves a high degree of risk, including the risk Continue Reading »
Mar 13th, 2008
There is plenty of information about Forex on the Internet, but sometimes it can be too much for those who are new to Forex. Here I have compiled a very basic and fundamental look at Forex.
What is Forex?
Forex is short for Foreign Exchange, which is a very general term for any process that attempts to make a profit from trading foreign currencies. Some examples of foreign currencies are the U.S. Dollar, the Chinese Yuan, the European Euro, the Italian Lira, the Japanese Yen, and the Mexican Peso. Forex is sometimes Continue Reading »
Mar 9th, 2008
I would like to explore the 2008 Summer Olympics which are going to be in Beijing, China and the ramifications for Forex traders. The Olympics are not only a business opportunity (The 2002 Olympic Winter Games held in Salt Lake City, Utah made the city over 100 Million Dollars) they are a chance for a country to reshape their image for the entire world. In 2004, Greece spent over 11.4 Billion Dollars on Continue Reading »
