Lessons on How Do You Trade Forex?
The base
currency is the basis for the buy or the sell. In caveman talk, if you buy
EUR/USD, you "buy EUR, sell USD."
You can
make some serious dough trading forex thanks to margin trading!
A pip
stands for "percentage in point" and is the unit of measurement that
expresses the change in value between two currencies.
Because
of leverage, even small investors like yourself can control large amounts of
money!
Wanna
impress your crush? Here are some forex terms to help you wow that special
someone!
Knowing
the basic order types is a MUST for any trader.
YOU
SHOULD DEMO TRADE AND DEVELOP A SOLID, PROFITABLE SYSTEM BEFORE YOU EVEN THINK
ABOUT PUTTING REAL MONEY ON THE LINE. Yes, all caps. That's how important demo
trading is!
Forex
Trading is NOT a get-rich-quick scheme. Forex trading is a SKILL that takes
TIME to learn. You gotta know the risks!