Updated: Aug 10, 2021
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
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
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For more detailed information, popular pairs, chart patterns and setups view our
Additional FOREX Trading Guide Resources
We hope this has helped provide a great Introduction to the Forex Markets!
Think BIG. Dream BIG.