FOREX Trading

Getting Started in Currency Trading: Winning in Today's Forex MarketFOREX is the abbreviated termed used to describe the world's largest foreign currency exchange market where of 1.5 Trillion dollars is traded on a daily basis. A market that was once only accessible to large corporations and government entities is now available to individual investors with online trading accounts. Trades can be made anytime the market is open from your home computer through the major trading centers located Sydney, Tokyo, London, Frankfurt and New York.

LIQUIDITY. The trades occur in the "spot" market so your position closes immediately, avoiding the risks sudden market swings. The FOREX market is always moving. Volatility in other markets is oftentimes equated to risk or loss, but in the FOREX market volatility equates to profit potential.

MARGIN. You may be able to trade on margin in other investment accounts, but nothing like you can do in the FOREX market. PROFIT POTENTIAL. Without a trading plan, you could be out of the market within days.

PAPER TRADING. Most investment companies will set you up with a free paper trading account so you can practice your trading plan for 60 to 90 days before you begin actual trading. Once you have proven your trading plan you can open up a margin account and begin actual trading.