Forex Currency-Trading Articles For Novice To Professional Traders

 

Have you heard about FOREX? How currencies are traded?

When you think about Forex, what do you think of first? Which aspects of Forex are important, which are essential, and which ones can you take or leave? You be the judge.

Let's talk about FOREX and advantages of FOREX trading.

The good thing about FOREX is that the amount of money you need to place a trade (known as "margin") is all that can be lost!

Of course, with the proper self-taught education you will win more than you will lose, but you should know that despite the high leverage of FOREX trading (200:1 is possible, which means that when you put up $1 the trading vendor will allow you to trade it as if you have $200), it's still less risky than futures (commodities) trading. And when you trade stocks you can't get this type of leverage.

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The use of high leverage is probably the main reason why beginner traders lose their capital. Here is an excellent lesson by Dirk du Toit.

https://www.mql5.com/go?link=http://www.margin-strategies.info/forex-leverage-margin.html

Reason: