Forex Trading Tips

Thursday, September 10, 2009

Forex Trading Tips



These are some tips that might be useful to beginners in the forex market.

1 - any attempt to trade without regard to market research and analysis is an interesting game, but when the loss of real money is a disaster.

2 - do not invest money in a real Forex account until you practice on a demo account! Allow yourself to the exercise of trade at the expense of a trial period of not less than a month or two, because there is 90% of the novices fail to trade because of lack of knowledge and lack of familiarity with matters of the market.
3-Go with the trend!
The trend is your friend, trade with the trend is an opportunity to make a profit, and trade against Alatjarp not "kill" a trader, but certainly will require more skills and more attention and calm the nerves perfectly.


4 - dimension of emotion and try to calm and self control.

What is Forex?

Wednesday, September 9, 2009
What is Forex?


Market currency trading (FOREX) is the largest market on earth, now the market's daily trading volume of 2,5 trillion dollars, which is 100 times greater than the value of daily trading in the NASDAQ Stock Exchange Markets is the term for places to trade goods, and the same thing applies with Forex, FX or goods (goods) are the currencies of various countries.

For example, to buy the euro, pushing the U.S. dollar, or sell the Canadian dollar against the Japanese yen this is all there is (simple is not it)?

How can I profit from the forex market?

Very simple and obvious:
buy cheap and sell for more, profit is here in the (changes) in the currency market. The wonderful thing here that regular daily fluctuations in the currency market.

example, the exchange rate of "your" pair of currencies increased by 0.7% in the last 4 hours, your profit will be 70% on your investment All this can happen to you in one working day, or within a few hours, or from the Could be a few minutes.

You can apply your choice (any pair of currencies, and the amount) under any direction of any market movement, and after achieving Any profit if the exchange rate move up or down.

Good luck!

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FX24


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