It is my belief that Forex is hands down the best market for new traders. When everyone thinks about trading, they automatically think about the Stock exchange. What they don't understand is that it cost a lot of money to actively day trade the stock market. By law, the SEC, requires a large minimum balance for day traders.

You have probably heard about Forex trading before but how much do you really know about this market? A lot of novice traders start investing on Forex without really knowing what they are doing and end up losing money. Do not make this mistake and learn about Forex trading before you invest on this market.

I have named this article, " Watch the tricks that the banks play." If you have noticed, the Forex market is a trillion dollar spot market and the bulk of that money is not coming from retail traders like you and I. It's not coming from a bunch of guys who discovered Forex trading over the Internet. The majority of the money, something like 99% of it, comes from huge global banks and businesses.

There is no marketplace for foreign exchange trading, hence it is necessary for traders to use a broker to help them in their trades. There are many brokers in the market, but choosing the right one requires caution as it can become quite overwhelming to decide on the most suitable broker.

The forex market is one of the most interesting trading markets out there because there are so many different aspects that make it unique. While many traders are familiar with the stock market and even commodities, these pale in comparison to the sheer volume traded on the currency exchange markets, more commonly referred to as the forex market.

If you're considering trading in any market, you should certainly consider Forex, which has an advantage over other trading platform. The reason for this is the Forex market operates nearly continuously Monday through Friday, allowing almost anyone, even if they have another job, trade in this market.

When you engage a Forex broker you will find they do not charge a commission; this is because they derive their revenue by other means. Forex brokers make an income from converting and holding currencies, from buying and selling, from interest on funds that have been deposited with them and also on rollover fees. But it is important to understand where they benefit from your account.

This is an article for people who have failed at Forex trading. You know who you are? You are probably just like me and was sucked into the promise of making money in a few hours. I fell so deep down the rabbit hole that I was waking up at 3 AM every morning just to trade the London open. I started off using a ton of lagging technical indicator and I was trying a ton of tips and methods that I found in forums and blogs. After six months of doing this I lost my shirt. My account was empty and I was depressed.

Currency prices between countries change on a daily basis. How does this impact on individuals, investors and corporations? It affects the economy, imports, exports and travel, along with forex traders.

I am going to teach you a very risky strategy that is either going to make you a lot of money or lose you a lot of money. I am the type of person who likes to takes risks. As semi-professional poker players, I was always a super aggressive player who would bully all of the other players. I was what they call loose aggressive. My approach to trading Forex isn't much different. I take a lot of chances, I gamble, but I never lose my shirt. Yes, I lose money sometimes, but I never lose my shirt.