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ISO 4217 in Forex Trading

August 9, 2015 @ 7:19 am · Filed under Forex Alerts


Basic for Beginner in Forex Trading.
The question would be not whether she could but rather would she enter the Forex trading market. The Forex day trading arena is a veritable snake pit ripe for scam artists to bilk money out of unwary investors. On the other hand, it is a forum for educated traders with the correct education, tools, and trading strategy to make a handsome income.

A Fool’s Game
Question: “There are a lot of people who say that day trading is for “fools” and that it is very difficult to make a living from Day Trading. What are your opinions?”

 

FOREX MARKET

August 9, 2015 @ 5:03 am · Filed under Forex Alerts

The Forex market is a market where currency is exchanged. The Forex market is the largest trading market in the world because it is global in scope and spans time differences around the world, for twenty-four hours a day, and is only closed on the weekends. The Forex market does not have a single venue like a stock exchange building, or even a single city in which it is located. The Forex market is a series of connections between buyers and traders that take place over computer and telephone communication outlets. It is relatively easy to trade currency from within one country, with another country around the world. Americans can trade German currency. Swiss can trade Japanese yen. Canadians can trade Euro dollars. And these are only some of the combinations of trades that take place between buyers and traders. Traders usually execute trades through platforms that connect them with brokers who are licensed before being allowed to take deposits to open trader’s accounts in America. The brokers are paid according to the spread of any trade, that is the difference between the command price and the execution price.

The Forex market is very liquid and very fair because of its size. Cornering the Forex market or manipulating it in any way are extremely difficult to do. There is not one single regulatory agency like the Security and Exchange Commission or the Federal Trade Commission in the United States. Each country is responsible for the trading of traders in it’s own country. Between $1 trillion and $1.9 trillion is traded on the Forex market daily.


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Be a Smarter FOREX Currency Trader: Three Basic Principles
This article describes three basic principles that may come in handy for currency traders.