Things To Be Aware Of When Trading In Foreign Currency Exchange Markets Like all good news, when a trader makes a lot of money from a foreign currency exchange, you’ll hear about it shortly afterwards. What you don’t hear so often is the horror stories of FOREX investors who have lost their life’s savings on […]
Category Archives: Forex Trading
The base currency spread and currency trade
December 24, 2007 – 01:43
The spread The spread is the difference a broker has between their ‘buy’ and ‘sell’ price (more accurately known as the ‘bid’ and ‘ask’ price) in a currency. So, for example, if you want to trade $s for £s, the quote you may be given will depend on whether you want to be selling $s […]
What FOREX system should you use?
December 17, 2007 – 07:18
Which system should you use? Determining which FOREX trading strategy you should use is very much a personal issue. Most analysts tend to favor one system over another – and, usually, it is the system they feel more comfortable with. Having said this, there is absolutely nothing wrong with you, as an individual FOREX trader, […]