Free Forex Training



Free Forex Training

Marketing research by RickySpears (skaDoogle)

Marketing

Helping others reach digital marketing goals!

The Basics Of Forex Trading



Marketing research by RickySpears (skaDoogle)

Marketing

Helping others reach digital marketing goals!

The forex trading market is the largest trading market in the world. According to a study done in 2004, approximately two trillion dollars are traded each day in markets across the globe.

The forex trading market is very unique in several aspects, one of which is its international presence. Unlike the stock exchange, which is largely located in New York and has set hours, the foreign exchange market is open twenty four hours a day. In between the united states, European, Asian, and other markets, there is always at least one market open.

Other factors that make the forex market unique are the high liquidity of the market, the wide variety of traders and institutions involved, and the wide variety of factors which affect prices.

In the forex market, there is the ask price (the price at which currency is sold) and the bid price (the price at which the currency is bought. Usually, these prices are very close together, often about one-hundredth of a cent apart.

The United States dollar is by far the most traded currency. Approximately eighty nine percent of transactions involve the United States Dollar. Other highly traded currencies include the Euro, Yen (Japanese), Sterling (British), Franc (Swiss), and the Australian Dollar.

The forex market includes many types of traders. The largest traders are banks. Actually, about fifty-three percent of forex transactions are in between two banks. Other traders include non-bank financial institutions, other corporations, retail exchange brokers, investment firms, hedge funds, and speculators.

The forex marketing is the largest, and arguably most complex market in the world.



Articles compliments of skaDoogle.com

Browse Our Information Mall
Marketing research by RickySpears (skaDoogle)

Marketing

Helping others reach digital marketing goals!


Free Forex Training

Other Interesting Articles

The Impact Of Global Forex Trading

Forex trading is no longer concentrated in the actual FX market. You can actually do it globally. You might wonder how, well it is quite simple. You are most probably aware that the Internet is widely used nowadays; and many businesses are finding it very useful in almost all areas of their work. And now, you can even trade currencies through the... [Read more]

Think Forex And Consider These Two Factors

Daytrading with a small account If you want to daytrade with stocks and you have less than $25.000 on the account, you are likely to have a hard life. The reason is that a rule called "pattern day traders" allows you to daytrade freely only if you have that amount or more on your account. If you have less, your daytrades (positions entered and exited the same day) are limited to three in any five trading days period. Your broker should monitor your activity and make sure you do not execute trades that are not allowed under the "pattern day traders" rule. This regulation applies for stocks and stock options. The Forex market at the time of this writing is not invo... [Read more]

Analyzing The Market For Great Forex Profits

A fundamental analyst looks at a nations entire financial picture to guide her trades, studying international macroeconomics and the forces that drive the supply of and demand for a currency. There are five of these fac... [Read more]

Forex: No Psychological Limitations

Now, these market averages are almost worshiped like golden calves. Repeatedly drilled into my brain was the concept that there were hundreds (if not thousands) of fund managers and other professionals out there with Harvard degrees, decades of experience, millions of dollars under management, and they were all spending 15 hours a day consuming every single bit of market information in the hopes of beating these golden calves by a few po... [Read more]

Forex There Is No Sure Fire System

But in truth, while the Forex offers a very simple and attainable path to sustainable investment incomeit is extremely volatile for the retail investor. The standard transaction size on the Forex is $100,000 and would be very prohibitive to the majority of investors were it not for leveraging. The typical margin on a Forex trade is 1%, or $1,000. Highly leveraged positions definitely give investors more access to potentially profitable opportunitiesbut they also are very susceptible to losses. That is why Forex investors need a solid investment strategy to find the best currency pairs and entry/exit po... [Read more]

 Watch Videos on "Forex"

"Forex Tips" - Google News

Ultimate Guide to Copy Trading  FXTM
How Leverage Is Used in Forex Trading  Investopedia
Choosing the Best Forex Signal Provider 2023: A Review of 1000pip Builder  TAPinto.net

Free Forex Training