Getting Started With FOREX TradingAt one time the Foreign Exchange market was restricted to very large players such as national banks and corporations. In the 1980's though the rules controlling the market were changed to allow smaller investors the chance to participate using margin accounts. Margin accounts are the primary reason that FOREX trading has become so popular, with margins of 1:100 you can control $100,000 with only a $1000 invest... [Read more]
Foreign Exchange Market Is Different From The Stock MarketThe foreign exchange market is also known as the FX market, and the forex market. Trading that takes place between two counties with different currencies is the basis for the fx market and the background of the trading in this market. The forex market is over thirty years old, established in the early 1970's. The forex market is one that is not based on any one business or investing in any one business, but the trading and selling of curren... [Read more]
Forex Currency Trading ExplainedAll times are quoted in Eastern Standard Time (New Y... [Read more]
What Are Forex Robots?The Forex market is one of the most volatile markets and yet the most continuous and simultaneous trading in the world. A Forex trader profits from the movement of the different currency worldwide. It’s market is very speculative and unpredictable. Currency values can change in milliseconds because of different factors. This is where Forex robots com... [Read more]
Think Forex And Consider These Two FactorsDaytrading with a small account If you want to daytrade with stocks and you have less than $25.000 on the account, you are likely to have a hard life. The reason is that a rule called "pattern day traders" allows you to daytrade freely only if you have that amount or more on your account. If you have less, your daytrades (positions entered and exited the same day) are limited to three in any five trading days period. Your broker should monitor your activity and make sure you do not execute trades that are not allowed under the "pattern day traders" rule. This regulation applies for stocks and stock options. The Forex market at the time of this writing is not invo... [Read more]