Forex Tips
2-Buyers are BIDding at a lower price (forex market)
3-Forex Trading is an auction
4-Slippage occurs with most Market Orders
5-The difference between the ASK and the BID price is the Spread
what is Forex Trading
Forex is not a new household cleaning product. Forex or FX is simply short for foreign exchange, but refers more specifically to currency trading. This is exchanging dollars for pounds, or euros for yen and so on.
It has one thing in common with a household cleaning product, though - if you are not careful you can get cleaned out in a hurry trading currencies.
The currency exchange markets are the largest, most volatile and among the most risky forms of trade in the world. Amounts exchanged are large, magnifying small price changes, and the total daily volume is in the range of two trillion dollars. Yes, that's 'trillion'... a two followed by twelve zeros! There are dozens of markets.
Check in every day, and there'll always be some fresh trading and most interesting forex videos for you !
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Forex Trading on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading and seek advice from an independent financial advisor if you have any doubts.
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