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Forex, Introduction To Forex Market
by ActionForex.com
The Foreign Exchange (often abbreviated as Forex or FX) market is the largest market in the world with daily trading volume of over 1.9 $trillion in September 2004*. With its high liquidity, low transaction cost and low entry barrier, the 24-hour market has attracted investors around the world.
The following articles aim to introduce the key concepts in forex trading, the terminologies and the characteristics of the FX market.
The articles first introduced the concept 'spread', which is the most important transaction cost in forex trading, how the spread is presented in the price quotes, what is the significance of it and what is the trick behind it. As most of the retail customers choose to trade forex with margin account, the articles then introduced what is margin trading, what is the significance of margin, how to trade a margin account and how to choose the correct leverage ratio.
In trading online forex, there are many types of orders that you can make to facilitate your trades. The articles then explained the rationale behind each type of orders, when and how to use each of them.
Being one of the most actively trading markets, the forex market is yet, may not be the most well known market. The articles then gave a little historical background and explained the nature of the forex market, and made an overall comparison of various trading markets. It also discussed the pros and cons of trading forex market and what are the recent trends.
Like any other trading instruments, traders should understand the terminologies and the basis of the market before he/she starts real trading. The above articles serve as an essential beginners' guide to the world of forex trading.
*According to the Triennial Central Bank Survey of the foreign exchange market conducted by the Bank for International Settlements and published in Sept 2004 About The Author: Action Forex (http://www.actionforex.com) is set up with the aim to empower individual forex traders by providing insightful contents. Analysis reports, live pivot points on majors and crosses, etc are provided with collection of carefully selected educational articles and free trading ebook downloads.
These articles on lifestyle and more
Return to the selection of forex
You may want to try these articles on forex
Forex, How To Find The Best Forex Trading System by Geri Mason Approximately 583 Words
Forex, Will Forex Trading Be Right For You? by Geri Mason Approximately 571 Words
Forex, Forex by Chuck Crawford Approximately 861 Words
Forex, What Is Forex? by Willie Reynolds Approximately 529 Words
Forex, Play Nostradamus On Forex Swings With Oil Trends by Joseph Plazo Approximately 888 Words
Forex, Nature Of The Foreign Exchange Market by ActionForex.com Approximately 364 Words
Forex, Why Is A Mentor Necessary To Succeed At Forex (fx) Currency Trading? by Dusty Blackwell Approximately 494 Words
You may want to try these websites for additional information
http://en.wikipedia.org/wiki/Foreign_exchange_market
http://www.forex.com/linkc.html
http://www.forexnews.com/
The information provided in this article is the express opinion of the author. Exchangenet is not responsible for the content!
The Foreign Exchange (often abbreviated as Forex or FX) market is the largest market in the world with daily trading volume of over 1.9 $trillion in September 2004*. With its high liquidity, low transaction cost and low entry barrier, the 24-hour market has attracted investors around the world.
The following articles aim to introduce the key concepts in forex trading, the terminologies and the characteristics of the FX market.
The articles first introduced the concept 'spread', which is the most important transaction cost in forex trading, how the spread is presented in the price quotes, what is the significance of it and what is the trick behind it. As most of the retail customers choose to trade forex with margin account, the articles then introduced what is margin trading, what is the significance of margin, how to trade a margin account and how to choose the correct leverage ratio.
In trading online forex, there are many types of orders that you can make to facilitate your trades. The articles then explained the rationale behind each type of orders, when and how to use each of them.
Being one of the most actively trading markets, the forex market is yet, may not be the most well known market. The articles then gave a little historical background and explained the nature of the forex market, and made an overall comparison of various trading markets. It also discussed the pros and cons of trading forex market and what are the recent trends.
Like any other trading instruments, traders should understand the terminologies and the basis of the market before he/she starts real trading. The above articles serve as an essential beginners' guide to the world of forex trading.
*According to the Triennial Central Bank Survey of the foreign exchange market conducted by the Bank for International Settlements and published in Sept 2004 About The Author: Action Forex (http://www.actionforex.com) is set up with the aim to empower individual forex traders by providing insightful contents. Analysis reports, live pivot points on majors and crosses, etc are provided with collection of carefully selected educational articles and free trading ebook downloads.
These articles on lifestyle and more
Reprint this article free of charge as long as you keep the author's resource box or bio intact and the links active. A copy of the ezine or URL of the page where the article was reprinted emailed to the author would be very much appreciated. forex
Return to the selection of forex
You may want to try these articles on forex
Forex, How To Find The Best Forex Trading System by Geri Mason Approximately 583 Words
Forex, Will Forex Trading Be Right For You? by Geri Mason Approximately 571 Words
Forex, Forex by Chuck Crawford Approximately 861 Words
Forex, What Is Forex? by Willie Reynolds Approximately 529 Words
Forex, Play Nostradamus On Forex Swings With Oil Trends by Joseph Plazo Approximately 888 Words
Forex, Nature Of The Foreign Exchange Market by ActionForex.com Approximately 364 Words
Forex, Why Is A Mentor Necessary To Succeed At Forex (fx) Currency Trading? by Dusty Blackwell Approximately 494 Words
You may want to try these websites for additional information
http://en.wikipedia.org/wiki/Foreign_exchange_market
http://www.forex.com/linkc.html
http://www.forexnews.com/
The information provided in this article is the express opinion of the author. Exchangenet is not responsible for the content!