Beginning

Hi all,

We start now, Forex is short for Foreign Exchange, but we refer to currencies.
Stock trading is also possible, but it depends on the broker you choose. Most
brokers support major currencies. A pair of two countries currencies are exchanged.
For example Euro Against US dollars.

Forex RISK
Risk involved in trading currencies, you may or may not loose all your deposit.
It is always recommended trading only 10% of your deposit to minimize the risk.
The market pricing mechanism is affected by supply and demand.

Pros and Cons of trade,
Forex market is the largest trade volume in the world. therefore the most liquidity is offered.


For most traders, Swing or Day trading for a while can be a good way to play the forex markets. To learn forex, opening a demo account helps a lot.
But when you go in real money deals, there is a lot of stress that comes to play.

Finishing my words in this post.
In my next post, I present a good Forex glossary for traders to understand the basics.


WARNING: I am not responsible for your loss. FOREX IS RISKY.
This weblog is for information only and does not include a guaranteed trade path.


Cheers.
Eklogite