If you are a Ugandan, you have probably heard all about the Forex trading and how it seems to be the hottest “new” business in Uganda. I wanted to invest $10,000 together with a cousin in a company that I understand is one of the leaders of Forex trading. While recently in Uganda (May) I …
So You Think You Can Get Into Forex Trading in Uganda? Read More »
Forex trading in the trading and investing world has become what Texas Holdem is to the poker world. It has exploded, with over $3.5 trillion being traded every day. Forex is a zero sum market. That means there are winners, and an equal number of losers. Generally, retail Forex traders like you and I are …
Forex Nitty Gritty – Finally, a Forex Trading Course For Beginners! Read More »
Learning about Forex Trading What is Forex Trading? Very simply put, Forex means the Foreign Exchange Marketplace where you can trade currencies. In order to conduct trade and business, currency needs to change hands. Let us take an example. Suppose you are living in India and want to purchase a perfume from France. So it …
What Is Forex And What All You Should Know About It? Read More »
If you are a beginning Forex trader, resist the temptation to expand your trading into too many markets. Go with currency that is a major player. Having your hands in too many different markets can lead to confusion. As a result, you can become reckless, which would not be a very good investment strategy. If …
How To Prepare Oneself To Be A Pro In Forex Trading Read More »
1. What is the best Forex platform? There is no one way to answer such a question. This will of course depend on the trader, in accordance with his preference, knowledge, experience as well as what he intends to trade (which financial instrument). Many intermediate-experienced traders, especially when trading on the currency market, prefer to …
Firstly lets talk about what investing in foreign exchange means. It does not mean buying foreign currency and keeping it up until it fairs well in value. Converting the money you have and holding it till it appreciates in value can take you only so far, usually you may earn about a few dollars over …
Forex trading revolves around currency trading. The value of the currency can rise and fall as a result of different factors that include economics and geopolitics. The changes in the currency value are what factor in the profits for Forex traders and this is the main objective of getting into the trades. The trading strategies …
Forex Trading Strategies – What Are Your Options? Read More »
Amongst the many financial markets existing globally, the Forex market is the biggest of them all. The Forex market is where different currencies are exchanged against each other, with daily transactions often surpassing 4 trillion US dollars. The major participants in Forex markets are the central and commercial banks, hedge funds, and multi-national corporations. However, …
Online Forex Trading – A Way to Enter in the Biggest Financial Market Read More »