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  Listed Article

  Category: Articles » Finance » Article
 

Learn FOREX




By Timothy Rohrer

Copyright 2005 Timothy Rohrer

The foreign exchange market, also knows as FOREX, originated in 1973 has become the largest e-currency trade market in the world today. FOREX trading occurs 24 hours a day, 5 days a week. The FOREX market offers a unique trading opportunity to those seeking a substantial profit in a market that trades over 1.2 trillion dollars each day.

FOREX market is primarily traded between central banks, commercial banks, non-banking International Corporation, hedge funds, private investors and speculators. Previously small investors were unable to trade in the FOREX market due to the large deposit required. However until recent years, with the continuing growth of the internet and competition, FOREX trading has made it so small investors can now open a FOREX trading account with as little as $250.

There are a few factors as to why FOREX investing is starting to attract more small investors. For one, FOREX can be traded 24 hours a day 5 days a week. Previously trades were placed by phone, the internet has made it possible for traders to monitor their FOREX trading accounts from home and execute trades in real time with the click of a mouse button.

In order to start trading in the FOREX market, one must first open an account with a broker. It is recommended to obtain a list of brokers and do some research before deciding on which broker to deal with. Each broker offers different policies and different spreads on each currency that is traded.

Before trading in FOREX, one must first understand the risk and reward behind margin trading in FOREX. A margined account can be leveraged, which means trading in FOREX can be done with solely cash or a combination of cash and collateral such as a security deposit. The main risk involved in margin trading is that margin trading tends to inflate loss. In addition the rate of loss and leverage makes FOREX a high risk investment. However, regardless of the downside in margin trading, FOREX is still very profitable as huge gains can be made.

There are plenty of resources on the internet that will discuss trading strategies, emotions and what it takes to become a successful trader. Most of these web sites are going to tell you that emotions play the largest roll in your success as a trader. Any experienced trader will tell you that trading is a psychological game and usually the people who go against the crowd are the ones that end up making the money. When you decide to get started in the FOREX market be sure to look at multiple resources and decide on which broker will be the best for you.

 
 
About the Author
Tim Rohrer is an established publisher and has been trading in the forex market for 2 years. To learn more about the forex market visit http://www.forex-investing.us


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  Some other articles by Timothy Rohrer
How to Trade E-currency
Copyright 2005 Timothy Rohrer When referring to e-currency, most people immediately think of the FOREX market. The truth is there is a new form of currency trading that ...

How To Create A Successful Work at Home Business
Copyright 2005 Timothy Rohrer Many people have tried or are currently trying to make money online today. Only a small percentage of these people have actually gone on to achieve enormous ...

Mazu Review
Copyright 2005 Timothy Rohrer I am sure you have heard by now of e-currency trading. If you haven't it's definitely something worth taking a look at. Currently the Mazu E-currency ...

Steps to a Successful Home Based Business
Copyright 2005 Timothy Rohrer If you are one of the many of thousands of people who aspire to work from home full-time, it is important to understand ...

  
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