You didn't post a topic yet. Let us show you how to make your first topic and upload your favorite forex robot. Guide me

Skip to forum content


Login with Facebook Username:  Password:  Login  |  Register

Registered members can download over 5000 forex robots and over 8000 forex indicators!

Pages 1

You must login or register to post a reply

RSS topic feed

Posts: 1
Please rate this topic
Current rating: 0
Votes: 0

Topic: Basic Concepts I: Introduction

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

Share

Posts: 1

 

 

 

Pages 1

You must login or register to post a reply

Last Posts

  • 20/01: RULES OF TRADING
  • 20/01: Best martingale ea
  • 20/01: Ironfx is a total garbage. (SCAM)
  • 20/01: Hedging EA's here
  • 20/01: low latency vps
  • 20/01: AutoProfit set
  • 19/01: ASSAR v8
  • 19/01: 2000 pips daily
  • 19/01: Super Signal Scalping Profit Statement
  • 19/01: Rabbit3 £100 start Zero to Hero Updated EA
  • 19/01: Ilan Expert Advisor for Metatrader 4
  • 19/01: high profit EA
  • 19/01: Trade-Arbitrage EA
  • 19/01: Differences between types of EAs
  • 19/01: Scalper_v5 (free)
  • 19/01: COPY TRADES
  • 19/01: FxAli from WWI
  • 19/01: Profitable Scalper EA Free download!!
  • 19/01: spartan bolt V6
  • 19/01: WayGrow EA 1.7
  • Hot Topics

  • Profitable Scalper EA Free download!! (598)
  • Scalper_v5 (free) (534)
  • A highly profitable Ea (347)
  • spartan bolt V6 (319)
  • ASSAR v8 (297)
  • Assar_03_EA (296)
  • 2000 pips daily (286)
  • Trade-Arbitrage EA (192)
  • Fap Turbo Expert Advisor is now absolutely free! (174)
  • forex hacked pro (166)
  • Forex Earth Robot (157)
  • xmt scalper (151)
  • Rabbit3 £100 start Zero to Hero Updated EA (139)
  • Forex Math EA free for Mt4 (133)
  • Fracture 7.4.0 (132)
  • high profit EA (130)
  • EA SmartAssTrade. (128)
  • New to forex? (127)
  • Super Signal Scalping Profit Statement (126)
  • Ilan Expert Advisor for Metatrader 4 (120)
  • Popular Topics

  • Profitable Scalper EA Free download!! (47749)
  • Scalper_v5 (free) (20967)
  • A highly profitable Ea (20682)
  • Assar_03_EA (13479)
  • ASSAR v8 (12955)
  • spartan bolt V6 (12876)
  • Trade-Arbitrage EA (11156)
  • xmt scalper (10960)
  • 2000 pips daily (10855)
  • Super Signal Scalping Profit Statement (9884)
  • Fap Turbo Expert Advisor is now absolutely free! (9839)
  • forex hacked pro (9774)
  • Forex Earth Robot (9479)
  • Forex Math EA free for Mt4 (8896)
  • Ilan Expert Advisor for Metatrader 4 (8737)
  • WayGrow EA 1.7 (8639)
  • Fracture 7.4.0 (8564)
  • Rabbit3 £100 start Zero to Hero Updated EA (8094)
  • high profit EA (7979)
  • EA SmartAssTrade. (7961)

  • Forum statistics

    • Total number of registered users: 7,842
    • Newest registered user: karimixp99
    • Total number of topics: 14,087
    • Total number of posts: 27,944

     


    By posting a message, you automatically agree to the Forum Rules and Privacy Policy.