What is Forex ?
Forex is the combination of two words “foreign” And “Exchange”. In Forex Exchange different Currenicies are traded. Currencies are considered as the most important tool for foreign trade because you know it not but you have to do international business in foreign currency. If you are residential of UK and want to buy Some dates from KSA, you have to pay in Saudi riyals.
What is Forex Trading ?
When you trade in Foreign Market usually buy and sell different currencies is know as Forex Trading.
The need to exchange currencies is the primary reason why the forex market is the largest, most liquid financial market in the world. It dwarfs other markets in size, even the stock market, with an average traded value of around U.S. $2,000 billion per day. (The total volume changes all the time, but as of August 2012, the Bank for International Settlements (BIS) reported that the forex market traded in excess of U.S. $4.9 trillion per day.) – Source:Investopedia.com
What is Forex Factory ?
Professional currency trading investors from around the globe meet at Forex Factory. Released in Goal 2004, the web site is designed exclusively to provide high-quality information that investors can apply in their pursuit of profits. Forex Factory is currently the #1 most considered forex-related web page, and the #2,582 most considered web page on the globe, according to Alexa.
Every feature on the Forex Factory web site is the result of an uncompromising design approach that’s focused on assisting forex investors. Functions like flexible time area, which allows investors to view the entire web page in their local time, produce efficient details collecting. Advanced look for features, such as Google-based international look for and searching by participant post history, ensure it is simpler to find valuable details. Functions like the Member Impact Position System (MIRS) offer perspective to views and research indicated by members. These functions have been developed and enhanced for over 11 years, jointly making the Forex Factory experience one of the wealthiest available to investors. – Source:ForexFactory.com
How to Earn Money With Forex Trading ?
Well there are lots of websites who actually provide their own platfroms and softwares to do forex trading. they also gave you lots of tutorial and demo account to make to pratice in a artifical enviorment to make expert in forex trading.
This is my first post and i will keep posting the latest tips for forex trading to help to earn more from it.