Category Archives: Trading Basics

Become a Forex Trader

So you want to become a Forex Trader. Why? Because you want to become an overnight success, buy your own tropical island and flit there in your private jet whenever the notion strikes you? When you become a Forex trader, anything really is possible and you can see the realization of many dreams through smart currency trades. But as far as the overnight multi million dollar success goes, that’s probably not going to happen. However, a steady success where you build your financial portfolio one smart move […]

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Learn to Trade Forex

The idea of trading Forex is pretty daunting for some. It’s an attractive venture to get in to, but if you don’t know the ins and outs, you could find yourself taking some unnecessary risks. While the possible benefits or trading Forex can be immense, you have to know what you’re doing. Forex trading is simply put, the direct access trading of foreign currencies. It used to be that only large banks and big traders dealt in foreign exchange trading, but because of the Internet and other […]

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What Are Forex Rates?

In Forex, rates is the nickname for exchange rates. As you know, the word exchange means to give in return for something received in turn. In Forex rates, the exchange is made using two currencies. When you’re trading currencies on the Forex, you’re basically making an exchange of one currency to another. The Forex rates are what are exchanged using the currency. It’s what you have to spend to get the value of the other currency. That’s why on some Forex rates, you’ll see what looks like […]

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Forex Trading – The Basics

Forex trading isn’t a hard endeavor to grasp once you get the hang of how it works. Like any other undertaking you decide to do, there are some basic terms you need to understand with Forex trading. As with any subject, the more you study and the more you learn about Forex trading, the more beneficial that knowledge will be to you in the long run. There are places online where you can learn just enough about Forex trading to go ahead and open a demo account […]

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Can You Learn Forex Fast and Easy?

If you can read with some level of skill, you can do anything – even learn how to trade Forex – and you don’t have to be an expert to do it, but you do need to know that like any market, you have to watch out for pitfalls. But once you know what the pitfalls are, you can get involved with Forex trading with relative peace of mind. Let’s start with the basics. The word Forex commonly refers to Foreign Exchange Currency, which means you’re buying […]

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