In the early 90s, because of the internet, the then Institutionalized Forex Market grew into the Retail Forex Market; allowing everyday traders, such as myself, to engage in day to day trading on the market. Today the Foreign Exchange Market is now valued at more than $5 trillion dollars in liquid transactions per day...all up for the taking!
¥ Forex trading is the simultaneous buying of one currency and selling another
¥ When you trade in the forex market, you buy or sell in currency pairs
¥ As the value of one currency rises or falls relative to another, traders decide to buy or sell currencies to make profits
¥ Retail forex traders participate in the forex market as speculators who are hoping to profit from fluctuations in currency rates
¥ Retail forex is accessible from anywhere in the world with a dedicated internet connection and smart device
¥ Retail forex accounts are created online with an established broker
¥ The most important thing before trading is to know: when to get in, how much to get and when to exit
¥ Withdrawing every time an account is doubled is the recommended strategy for consistent growth
¥ Popular financial news sites should be checked weekly to forecast fundamental activity
¥ Technical analysis should be used for projecting price movements
¥ Both technical and fundamental analysis can be used together but sentiment analysis is the most useful strategy in retail trading
¥ Building a traderÕs mindset is vital to continued success as you progress in trading
¥ Utilize our FREE mindset guide in the MINDSET section to keep you disciplined and purposeful in your trading lifestyle
¥ Be sure to send us feedback from time to time for new and upcoming educational releases
¥ Happy trading millionaire!
LEARN THE ESSENTIAL TIPS TO BEGIN YOUR JOURNEY TO FINANCIAL KNOWLEDGE & FREEDOM!