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Millions are won regularly at the world’s largest financial casino. The $4trillion dollar a day foreign exchange market creates new millionaires constantly as retirees, plumbers, unemployed – in fact people from all walks of life participate in the currencies game know as Forex or Currency Trading. In the early 1990s only banks traded the foreign exchange market. Now the forex market is open to everyone with access to the internet. Daily thousands of new people with $1,000 and less start trading forex. This is the one financial instrument which continued to make profits for traders around the globe when the Global Financial Crisis was decimating share markets and pummeling property values.How Did You Learn to Trade Forex?
How did or are you learning Forex? Did you learn from one of the many “trading schools”? One thing that has always intrigued me is the number of people who have taken these courses and still have no idea of how to trade the Forex market.Online Currency Trading Is the Best Alternative Financial Investment
This article examines the role how online currency Forex trading has developed over the years, the role played by internet. It also looks into the opportunities it provides to investors. The fundamentals of currency trading are explained as well as basic information on how to go about it.Facts About Technical Vs Fundamental Analysis of Currency Trading
This article compares technical analysis to fundamental analysis with respect to security markets. The basis and rationale of technical analysis is explained. The article also demonstrates the role of fundamental analysis and explains how the two complement one another.What to Look For in Your Next Forex Training Course
Well trading Forex is very simple and you will not need to learn foreign language or anything like that, Forex is not a complicated science or technology from Mars. You can start Forex trading right now with little knowledge, you can learn what you need to start trading from just searching online and, will find good tutorials but there are several questions that you need to know before you select your Forex training. Why should I start Forex trading?Stock Picking Service – Good Thing or Bad? Find Out Now!
Recommendations on how to choose a stock picking service. Discussing the pros and cons to using one.If You Are Considering Buying Some Iraqi Dinar, Look Into Buying Some Safe Dinar
The new Iraqi Dinar is a new entity on the currency market; in case you weren’t aware of it, there is a substantial amount of action going on in Iraq right now that can make trading in it’s currency a dangerous proposition. If you wish to purchase some safe dinar you have to take a leap of faith and believe that the region will stabilize and so will the currency. While as you probably know, investing in currency is full of risk, no matter which currency you trade with. Even taking into account the risks of trading currency in the first place, trading dinar can be especially dangerous, there are a number of traders around the world who will leave you with nothing but fake money. You can typically trace different websites back to these particular ‘traders’ who are trying to scam people.Lose The Need To Be Right In Forex Trading!
One of the most damaging mindsets that a new trader can have going into the trading arena is an expectation to be right all (or even most) of the time. Let me explain.Would You Know a Good Forex Trading System If You Saw One?
When I started in Forex, I wouldn’t have known a good Forex trading system if it had walked up and slapped me in the face. Would you? Many traders I talk to have studied trading for many years, have taken expensive courses on how to trade, spent more money on trading systems, read many books, traded hundreds of hours if not thousands and still lost money.What Is Your Best Pitch in Forex?
Not everyone plays baseball that trades Forex but they have a lot in common. To become a good trader in Forex you have to think like a good hitter. Good hitters have a “best” pitch to hit. They also have a pitch that is “almost best” and then it goes down from there.How to Trade One Hour a Day in Forex and Make Money
Is it possible to trade one hour a day in Forex and make money? Many people who want to trade Forex don’t have the time to trade all day or even part of the day. So can you trade one hour a day and make money, perhaps enough money to live on?When To Do FX Trading
Many newbies come to Trade Forex totally ignorant as to when the main money flows are coming into and out of the FX Market and what that actually means to you as a trader. As part of your learning process it is critical that you know when you should be trading and when to expect volatility.Forex Trading – 2 Reasons Why You Should Avoid Trading The Exotic Pairs
Most traders are aware of the major currency pairs such as the GBP/USD, EUR/USD, GBP/JPY, USD/JPY and EUR/GBP pairs, but if you dig a little deeper you will find that there are over 100 different pairs you can trade. These less well-known pairs are often called ‘exotic pairs’. However you will generally find that almost all forex traders avoid trading them, for two main reasons.