What you need to know about Forex
In order to successfully trade on the forex currency exchange, a novice trader needs to know a few basic points; these are the very basics of trading, without knowledge of which you will almost immediately lose your first deposit.
It will take you a little time to study these issues, but it will be worth the profits.
This article will discuss some important technical aspects and practical issues of trading, which are the basis of any successful trading and without which you simply cannot become a successful trader.
Forex is an equal opportunity place; it is as easy to make money as it is to lose money.
Anyone has equal rights to change their life for the better; the main thing is to know what requirements the currency exchange puts forward for a trader and what brings profit.
Forex scam or how to avoid becoming a victim of a scam?
Quite often you hear the expression that Forex is a deception or a scam, mostly it comes from the mouths of losing traders who lost their first deposit immediately after starting work.
Let's try to understand the actual state of affairs and identify the reasons for failures when trading on the foreign exchange market.
The first step is to understand what forex trading is and why some people make millions while others lose hundreds of dollars.
The research is based on statistical data from one of the well-known financial publications.
Forex trading is about making a profit on the difference in exchange rates when buying and selling, you buy cheaper and sell more expensive.
The principle itself is quite simple, but there are many nuances that cause the loss of your own funds.