Most Forex market traders are self-taught/self/trained. The traders who win are those that are capable of executing their trading plans with discipline, and they are either comfortable with the volatility of the currency markets, or they have trained themselves to be able to deal with it. The theory is, if you can identify volatile movements, even if they are small,…
One of the most difficult things for newcomers to Forex trading to wrap their heads around is how to read currency-pair quotes. After all, most of us are used to seeing one price for items-a loaf of bread costs $1.89, a stock sells for $39.50 per share, etc. How Currency Pairs Are Traded Currencies are traded in currency pairs. For…
Until recently, the Forex market, or foreign currency exchange market, wasn’t for the average trader or individual speculator. With the large minimum transaction sizes and often strict financial requirements, banks, hedge funds, major currency dealers and the occasional high net-worth individual speculator were the principal participants. These large traders were able to take advantage of the many benefits offered by…
For investors looking for an exciting way to invest, Forex/foreign currency investing, definitely delivers! Forex stands for foreign exchange, and it is the world’s largest financial marketplace. Forex/foreign currency investing is different from investing in stocks, at the NYSE or NASDAQ, because Forex trading/investing takes place multiple locations around the world. In fact, most traders are day traders that trade…
Essential Training For Forex Traders: In the world’s largest financial market where exchanges reach up to trillions of dollars each day, many people would really want to participate in this market. Aside from being the largest financial market in the world, Forex is also the most liquid market in the world where trades are done 24 hours a day. A…
Careers In The Market Without the assistance of professionals, it is nearly impossible to trade on the open market. Market analysts track trends in the stock market that affect the value of shareholdings. They use such information and basic history to help predict the outcome of different aspects of the market in the future. Other individuals create charts and graphs…
Margins & Spreads In order to understand the stock market, or the Forex, you need to speak the language/understand it. For instance, when you think of a margin, for many this means a variable, like the margin of error in a statistic. However, in trade, it refers to the sum of money borrowed from a broker in order to purchase…
Forex Volatility & Market Expectation Volatility, or the tendency for fluctuation that can affect your earnings within the stock market, is typical within a domestic market but even more evident and much stronger on the Foreign Exchange Market. What factors affect the value of currency on Forex, and is there any way to control this? Devaluation & Revaluation Devaluation refers…