hellow
If you are really a newbie, you have done a good job to join this forum. This is a good forum for newbie and experienced person also. Chika, if you’re a new to the forex (foreign exchange) market, you probably have a lot of questions. Making money in a global currency market is an exciting prospect; you’re probably wondering how, and what you need to get started. A lot of information on the internet is geared toward the knowledgeable.
Chika now i would like to tell you about forex market,foreign currency exchange, is used to explain the exchange of one country’s currency for another’s. If you’ve every traveled out of the country, you probably cashed in your American dollars to find that the trade was nowhere near equal. Forex is the same thing on a much larger scale – it’s similar to the market except it deals in liquid assets at all times. It’s the process of buying and selling cash from nations around the world.
If you want to learn forex trading ,first of all go for a forex trading website and download a free demo trading platform ,and start trading on that platform.for every new trader it is Essential to understand the risk and reward of market.there will always be currencies that are moving rapidly up or down, offering opportunities for profit (and commensurate risk) to astute traders. Yet, like the equity markets, forex offers plenty of instruments to mitigate risk and allows the individual to profit in both rising and falling markets. Forex also allows highly leveraged trading with low margin requirements relative to its equity counterparts. Perhaps best of all, forex charges zero dealing. you must have an idea that when to you initiate the trade and when to exit from the trade.
Ok
have a happy trading
xebectrader
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