Forex trading is currently, and undeniably will be, the biggest financial market in the world. With multitudes of currency floating around, the need for exchange is imminent. Tourism, import/export, activities like these involve a lot of currency exchange, and this currency exchange fuels the never-ending furnace of Forex. Forex market
Filled with buyers and sellers from the entire world, Forex market handles trades over trillions of dollars every day. Since people from all over the world are involved in trading, the market is susceptible to macroeconomic events. Here, let’s discuss certain economic factors that will play a major role in
Success in forex trading is neither an improbability nor impossibility, as many believe. True, beginners suffer losses in the early stages, but experience eventually moulds them into successful forex traders. Statistically speaking, only a small minority of traders overcome their inhibitions and go on to succeed. But that’s because of
The forex trading industry is vast; it can engulf new traders in its depths only to throw them out of the game unceremoniously. Only a few actually manage to master it and write their own fortunes. And those few are the ones who play their cards right and don’t dive
When it comes to forex trading, there’s little that can be achieved without a prescribed plan of action. A lack of strategy when buying/selling currencies is equivalent to gambling – the outcome may either swing in your favor or against it; you never know. However, if you adhere to a
Legal:Registered by the Financial Services Authority (FSA) of ST. Vincent and the Grenadines, Central America. Global Business License No. 21937/IBC.
Legal Risk Disclosure: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.