The purpose of this article is not to go into the details of how Forex works, but to compare the benefits of trading in the Forex market versus trading the Equity (American stocks) or Futures markets (Commodities).
Your Guide To Successful Forex Trading
If you were wondering; forex trading is nothing more than direct access trading of different types of foreign currencies. In the past, foreign exchange trading was mostly limited to large banks and institutional traders however; recent technological advancements have made it so that small traders can also take advantage of the many benefits of forex trading just by using the various online trading platforms to trade.
The currencies of the world are on a floating exchange …
Forex Technical Analysis: The Art of Predicting the Future by Studying the Past
Prices move in trends and over 100 years of research has shown that those who trade “with the trend”, have often, greatly improved their chances of winning in the forex markets (i.e., making a profitable trade).
Forex Trading Tips – Part 1
Part 1: These forex trading tips may be of help to the budding or hardened professional trader. Knowledge is certainly power in the markets. And after a bit of training and practice you too can reap the rewards of working the foreign exchange markets for a profit.
FOREX: Starting your own trading
The presented article is intended for those who just turned their eyes toward FOREX. Beginning traders who are still learning the basics of the foreign exchange market may also find something of interest here. While experienced traders wont gain anything worth their time reading this article.
How Is Currency Trading Different?
Unlike the trading of stocks, futures or options, currency trading does not take place on a regulated exchange. It is not controlled by any central governing body, there are no clearing houses to guarantee the trades and there is no arbitration panel to adjudicate disputes. All members trade with each other based upon credit agreements. Essentially, business in the largest, most liquid market in the world depends on nothing more than a metaphorical handshake.
At first glan…
Introduction To Forex Market
The Foreign Exchange (often abbreviated as Forex or FX) market is the largest market in the world with daily trading volume of over 1.9 $trillion in September 2004*. With its high liquidity, low transaction cost and low entry barrier, the 24-hour market has attracted investors around the world.
The following articles aim to introduce the key concepts in forex trading, the terminologies and the characteristics of the FX market.
The articles first introduced the concept ‘…
Online Currency Trading Why It’s Harder Today than Ever Before
There are many who believe that the markets today, require the same skills as 30 years ago – but todays markets are actually much harder to trade.
It may surprise you, but markets have changed and are now harder to trade – but if you know why, you can increase your profits dramatically.
So You Want To Become A Futures Day Trader
You wake up one morning with a really BAD idea you have decided to start making your living by becoming a futures day trader. BUT how can this be such a bad idea, dont people get rich day trading futures? Where did that idea come from?
The Trading Teacher
Not all traders are fortunate enough to have a friend or relative, who happens to be a successful trader, to learn from. Like most traders, Marquez Comelab, author of book: The Part-Time Currency Trader, did not know anybody who could teach him, in person, how to trade. So he read books and attended seminars. In this article, he shares the lessons he learnt from his very first trading teacher.
Understanding What Influences Forex Prices
This article will explain some of the differences between Technical Analysis and Fundamentals and explain a bit about each type of trading. Excerpts are taken from the best-selling book Market Wizards where Jack Schwager interviews Ed Seykota and Bruce Kovner…
Why Forex is a great trade
The Forex market seems to be one of the hottest markets right now.
Lets take a look why