If you haven't been living under a rock for the past ten years or so, you've probably heard the word forex. Before the Internet, almost no one had even heard the word, let alone knew what it meant. But now, it seems like everyone and their...
The stock market is where most people first learn how to trade money. After all, it is the world's oldest and biggest financial market. Wrong! The foreign exchange market trades more than $2 trillion (with a "T") every day. It has been around...
Everyone who trades currencies online in the Forex market does so with the honest goal of making money, just like you. The same goes for you. No one wants to lose money, but the fact that 90 percent of people do lose their money is a very real...
The success of the FOREX market as a whole is made possible by margin. Without this important idea, the average investor would not be able to do anything in FOREX. So, what exactly is a margin?
Trading With A Margin
Set up a...
How to read currency-pair quotes is one of the hardest things for people who are new to forex to figure out. Most of us are used to seeing one price for an item, like $1.89 for a loaf of bread or $39.50 per share for a stock, etc. But in these...