What is Forex?
Updated: Feb 27
Forex or the Foreign Exchange is the largest trading market. Forex is based on currency prices and movement. Currencies are traded in pairs such as United States Dollar to the Japanese Yen, and will be reflected like USD/JPY.
5 Things To Know Before Trading Forex
All Brokers Are Not Equal
Top Brokers are: TradersWay, LQDFX, FXTM
Watch for trade minimums, and minimum deposits
Trading Strategy
The best strategies are simple strategies
Overtrading is a recipe for failure
95% of forex traders lose their investments in the first 6 months
Successful traders compound small gains
Banks control the foreign exchange market
The highest profits are in the majors
Half of the global forex market is traded in two countries
Discipline is a trader’s most important attribute
Check Out Our Course Guide
For more detailed information, popular pairs, chart patterns and setups view our
Forex Basics Course 1
.pptx
Download PPTX • 26.26MB
Additional FOREX Trading Guide Resources
Vol-1_Introduction_to_the_Basics-of_Fore
.
Download • 104KB
Vol-2_Forex_Trading_Guide
.pdf
Download PDF • 674KB
Vol-3_A_Must_Know_Before_You_Start_Tradi
.
Download • 371KB
We hope this has helped provide a great Introduction to the Forex Markets!
Happy Trading!!
Think BIG. Dream BIG.