• Beginners Forex Trading Guide

  Learn about the forex market and some beginner trading strategies to get started

  The foreign exchange market, also known as “Forex” or “Fx” market, is a global decentralized marketplace where currencies are traded. It has no centralized marketplace where transactions are conducted. Rather, Forex trading is carried out electronically over-the-counter (OTC), meaning that all trading transactions are performed via computer by traders and other market participants over the world.

  The foreign exchange market is the largest financial market in the world where the average daily turnover is continuously growing. Daily turnover of conversion transactions in the world is estimated at $4 trillion, 80% of which are based on speculative transactions with the intention to get profit from trading the exchange rate differences.

  This kind of market scale means that the market liquidity, the amount of buying and selling volume occurring at a particular time, is extremely high. This is a very important factor that allows to easily buy and sell currencies, and especially from an investor’s perspective, to determine how easily the currency price can change over a certain time period.

• Advanced Forex Trading Guide

• Money Management

• Trading Psychology

  The success that a trader achieves in the markets is directly correlated to one's trading discipline or lack thereof. Trading discipline is 90 percent of the game. The formula is very simple:Trade with discipline and you will succeed; trade without discipline and you will fail.

  This section isn't an guide about forex trading, though - at least not directly. It's really about how you can learn to acquire greater discipline in your life, which will make you a better trader (much better).

Free Trading Guides