All Entries Tagged With: "forex for dummies"
Have account, will trade foreign currency exchange
Having explained what pitfalls await for people looking to create new forex currency trading accounts, in this post we will discuss what exactly you should trade and why. Further, we will explain what spreads and pips are and why they are important if you’re planning on forex currency trading for a profit. Despite some forex [...]
Opening a forex currency trading account and making money
So by this point you have quite possible gained some minor knowledge of how the forex trading system works. More importantly (and if you know what’s good for you) you’ve signed up for a demo forex currency trading account and tried your hand at forex currency trading and experienced first hand what works and what [...]
The Forex Currency Trading Market
So in the past we have discussed the basics of forex trading in the post What is Forex and how it works? but we have yet to discuss the workings of forex currency trading itself. The forex market, also referred to as the foreign exchange, FX or currency trading market manifests itself in three forms, [...]
Analysis in Forex Currency Trading
While we have already stressed the importance of having a forex trading strategy, analysing and being up to date with news in our earlier posts, we go slightly more in depth in this one to discuss how to improve your chances of making gains in the forex currency trading market. We have also discussed the [...]
Forex Trading for Dummies: Who is right?
If you are unfamiliar with Forex and tried to do a search for Forex Trading for Dummies, you would probably have gotten thousands of results each of which offers you a guide to learn forex trading quickly and simply. So which one of these should you follow? Which one will enable you to learn what [...]
What is Forex and how it works?
Forex is the short form of foreign exchange, of itself forex simply means either foreign currencies or the system of changing various currencies are traded, but far more relevant to us forex is the life and fodder of currency trading. So what is forex trading and how does it work, what use does forex have [...]