Sunday, February 17, 2008

The beginner's guide to forex trading

Forex education is crucial for beginners.
Forex trading or Foreign Exchange Trading refers to the simultaneous trading—that is, buying and selling-of two different currencies. It is done between and among major financial institutions, central banks, retail currency traders or speculators, large international companies, government institutions, companies with overseas operations and the like.The Forex Market operates 24 hours through a global electronic network where trading occurs over the telephone and computer networks. It’s very important to understand every aspect of trading. Start first from the very basic concepts, then move on to more complex issues such as Forex trading systems, trading psychology, trade and risk manage.

BabyPips.com : designed to help you acquire the skills, knowledge, and abilities to become a successful trader in the foreign exchange market.

Forextradings.com : Enjoy the daily most interesting chart with the daily technical analysis & research
on major currency pairs including strategy, chart levels, direction of trade.