SUPERIOR FX SIGNALS .COMwww.superiorfxsignals.com All rights reserved
SUPERIOR FX SIGNALS .COMINTRODUCTIONThe foreign exchange market is also known as FX or it is also found to be referred to ...
SUPERIOR FX SIGNALS .COMIn the last five years, with the help of the Internet, FOREX trading and the awarenessof FOREX tra...
SUPERIOR FX SIGNALS .COMFOREX TRADING, WHAT IS IT ALL ABOUT?Forex trading is all about making big money. Some investors ha...
SUPERIOR FX SIGNALS .COMIf you are interested in trading on the forex market, you will find limits for investing arediffer...
SUPERIOR FX SIGNALS .COMFOREX AND STOCKSForeign exchange market is different from the stock marketThe foreign exchange mar...
SUPERIOR FX SIGNALS .COMare involved in forex trading, buying and selling are located in so many different timeszones. As ...
SUPERIOR FX SIGNALS .COMSHOULD YOU INVEST?Forex trading is all about putting your money into other currencies, so you can ...
SUPERIOR FX SIGNALS .COMmake decisions based on what you know, which means you will have to read about themarket changes o...
SUPERIOR FX SIGNALS .COMFOREX TRADING STRATEGIESIf you’re a potential investment player who’d like to make it big in the b...
SUPERIOR FX SIGNALS .COMtwo techniques of analysis usually used in this business – the fundamental and thetechnical analys...
SUPERIOR FX SIGNALS .COMKnowing about the different trading strategies in Forex will allow you to minimize therisk of losi...
SUPERIOR FX SIGNALS .COMAnother strategy that is commonly used in the Forex market is called the stop lossorder. This stra...
SUPERIOR FX SIGNALS .COMIMPORTANT DISCLAIMERU.S. Government Required Disclaimer - Commodity Futures Trading Commission Fut...
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Forex trading guide for beginners

  1. 1. SUPERIOR FX SIGNALS .COMwww.superiorfxsignals.com All rights reserved
  2. 2. SUPERIOR FX SIGNALS .COMINTRODUCTIONThe foreign exchange market is also known as FX or it is also found to be referred to asthe FOREX. All three of these have the same meaning, which is the trade of tradingbetween different companies, banks, businesses, and governments that are located indifferent countries. The financial market is one that is always changing leavingtransactions required to be completed through brokers, and banks. Many scams havebeen emerging in the FOREX business, as foreign companies and people are setting uponline to take advantage of people who dont realize that foreign trade must take placethrough a broker or a company with direct participation involved in foreign exchanges.Cash, stocks, and currency is traded through the foreign exchange markets. The FOREXmarket will be present and exist when one currency is traded for another. Think about atrip you may take to a foreign country. Where are you going to be able to trade yourmoney for the value of the money that is in that other country? This is FOREX tradingbasis, and it is not available in all banks, and it is not available in all financial centers.FOREX is a specialized trading circumstance.Small business and individuals often times looking to make big money, are the victimsof scams when it comes to learning about FOREX and the foreign trade markets. AsFOREX is seen as how to make a quick buck or two, people dont question theirparticipation in such an event, but if you are not investing money through a broker inthe FOREX market, you could easily end up losing everything that you have invested inthe transaction.Scams to be wary ofA FOREX scam is one that involves trading but will turn out to be a fraud; you have nochance of getting your money back once you have invested it. If you were to investmoney with a company stating they are involved in FOREX trading you want readclosely to learn if they are permitted to do business in your country. Many companiesare not permitted in the FOREX market, as they have defrauded investors before.
  3. 3. SUPERIOR FX SIGNALS .COMIn the last five years, with the help of the Internet, FOREX trading and the awarenessof FOREX trading has become all the rage. Banks are the number one source for FOREXtrading to take place, where a trained and licensed broker is going to completetransactions and requirements you set forth. Commissions are paid on the transactionand this is the usual.Another type of scam that is prevalent in the FOREX markets is software that will aidyou in making trades, in learning about the foreign markets and in practicing so youcan prepare yourself for following and making trades. You want to be able to rely on aprogram or software that is really going to make a difference. Consult with yourfinancial broker or your bank to learn more about FOREX trading, the FX markets andhow you can avoid being the victim while investing in these markets.
  4. 4. SUPERIOR FX SIGNALS .COMFOREX TRADING, WHAT IS IT ALL ABOUT?Forex trading is all about making big money. Some investors have found it quite easy tomake a large amount of money as the forex market changes daily. Forex, is the foreignexchange market. Online and offline you will find references to the forex market as FXas well. Forex trading takes place through a broker or a financial institution often whereyou are able to purchase other types of stocks, bonds and investments.When you are thinking about getting involved in the forex markets you should knowyou are sending money to be invested with other countries. This is done to prop up theinvestments of people involved in certain types of hedge funds, and in the marketsoverseas. The forex market could have your money invested in one market one day,and the next day your money is invested in another country. The daily changes aredetermined by your broker or financial institution. When reading your statements andlearning more about your account, you will find that every type of currency has threeletters that will represent that currency.For example, the United States dollars is USD, the Japanese yen is JPY, and the Britishpound sterling will read as GBP. You will also find that for every transaction on youraccount listing you will see information that looks like this: JPYzzz/GBPzzz. This meansthat you took your Japanese yen money and invested it into something in the Britishpound market. You will find many transactions from one currency to another if youhave money that is scattered through out the forex markets.Forex markets trading by investment management firms are the companies you cantrust with your money. You want to find a company that has been dealing with forextrading since the early seventies, and not someone just new on the block so you getthe most for your hard earned money. It is important that you beware of companiesthat are popping up online, and often times from foreign countries that are stating theycan get you involved in the forex markets and trading. Read the fine print, and knowwhom you are dealing with for the best possible protection.
  5. 5. SUPERIOR FX SIGNALS .COMIf you are interested in trading on the forex market, you will find limits for investing aredifferent from company to company. Often times you will learn that you need aminimum of $250 or $500 while other companies will need $1000 or $10,000. Thecompany you are dealing with will set limits in how much you need to open an accountwith their company. The scams that are online will tell you, that you only need a $1 or$5 to open an account, but you need to learn more about that company and wherethey are doing business before investing any money, this is for your own protectionwhile dealing in forex trading and markets online.
  6. 6. SUPERIOR FX SIGNALS .COMFOREX AND STOCKSForeign exchange market is different from the stock marketThe foreign exchange market is also known as the FX market, and the forex market.Trading that takes place between two counties with different currencies is the basis forthe fx market and the background of the trading in this market. The forex market isover thirty years old, established in the early 1970s. The forex market is one that is notbased on any one business or investing in any one business, but the trading and sellingof currencies.The difference between the stock market and the forex market is the vast trading thatoccurs on the forex market. There is millions and millions that are traded daily on theforex market, almost two trillion dollars is traded daily. The amount is much higher thanthe money traded on the daily stock market of any country. The forex market is onethat involves governments, banks, financial institutions and those similar types ofinstitutions from other countries. TheWhat is traded, bought and sold on the forex market is something that can easily beliquidated, meaning it can be turned back to cash fast, or often times it is actually goingto be cash. From one currency to another, the availability of cash in the forex market issomething that can happen fast for any investor from any country.The difference between the stock market and the forex market is that the forex marketis global, worldwide. The stock market is something that takes place only within acountry. The stock market is based on businesses and products that are within acountry, and the forex market takes that a step further to include any country.The stock market has set business hours. Generally, this is going to follow the businessday, and will be closed on banking holidays and weekends. The forex market is one thatis open generally twenty four hours a day because the vast number of countries that
  7. 7. SUPERIOR FX SIGNALS .COMare involved in forex trading, buying and selling are located in so many different timeszones. As one market is opening, another countries market is closing. This is thecontinual method of how the forex market trading occurs.The stock market in any country is going to be based on only that countries currency,say for example the Japanese yen, and the Japanese stock market, or the United Statesstock market and the dollar. However, in the forex market, you are involved with manytypes of countries, and many currencies. You will find references to a variety ofcurrencies, and this is a big difference between the stock market and the forex market.
  8. 8. SUPERIOR FX SIGNALS .COMSHOULD YOU INVEST?Forex trading is all about putting your money into other currencies, so you can gain theinterest for the night, for time period or the difference in trading money all around.Forex trading does involve other assets along with money, but because you areinvesting in other countries and in other businesses that are dealing in other currenciesthe basis for the money you make or lose will be based on the trading of money.Constant trading is done in the forex markets as time zones will vary and the marketswill open in one country while another is near closing. What happens in one market willhave an effect on the other countries forex markets, but it is not always bad or good,sometimes the margins of trading are near each other.A forex market will be present when two countries are involved in trading, and whenmoney is traded for goods, services or a combination of these things. Currency is themoney that trades hands, from one to another. Often times, a bank is going to be thesource of forex trading, as millions of dollars are traded daily. There is nearly two trilliondollars traded daily on the forex market. Should you get involved in forex trading? Ifyou are already involved in the stock market, you have some idea of what forex tradingreally is all about.The stock market involves buying shares of a company, and you watch how thatcompany does, waiting for a bigger return. In the forex markets, you are purchasingitems or products, or goods, and you are paying money for them. As you do this, youare gaining or losing as the currency exchange differs daily from country to country. Tobetter prepare you for the forex markets you can learn about trading and purchasingonline using free game like software.You will log on and create an account. Entering information about what you areinterested in and what you want to do. The game will allow you to make purchasesand trades, involving different currencies, so you can then see first hand what a gain orloss will be like. As you continue on with this fake account you will see first hand how to
  9. 9. SUPERIOR FX SIGNALS .COMmake decisions based on what you know, which means you will have to read about themarket changes or you will have to take a brokers information at value and play fromthere.If you, as an individual want to be involved in forex trading, you must get involvedthrough broker, or a financial institution. Individuals are also known as spectators, evenif you are investing money because the amount of money you are investing is minimalcompared to the millions of dollars that are invested by governments and by banks atany given time. This does not mean you cant get involved. Your broker or investmentadvisor will be able to tell you more about how you can be involved in forex trading. Inthe US, there are many regulations and laws in regards to who can handle forex tradingfor US citizens so if you are searching the internet for a broker, be sure you read theprint, and the information about where the company is located and if it is legal for youto do business with that company.
  10. 10. SUPERIOR FX SIGNALS .COMFOREX TRADING STRATEGIESIf you’re a potential investment player who’d like to make it big in the business andfinancial world, then you go for forex trading. The FOREX, also known as the foreignexchange market is one of the largest financial markets in the world with and estimateof $1.5 trillion turn-overs every day. Here are a few strategies on how to make it big inthe forex market.Strategy One: Know your market. The best way to get advantage, earn profit andminimize losses is to familiarize yourself with the market and how the whole systemworks. In the forex market, the players are usually commercial banks, central banksand firms involved in foreign trade, investment funds, broker companies and otherprivate individuals with large capital. With the speed and high liquidity of asset, mostcompanies engage in this business than in any other trading venture. Transactions aredone in a jiffy; there are no membership fees and there is always the allure andpromise of big, big profit.Trading is done in pairs. The most commonly traded currencies are usually the USDollar, Japanese Yen, Euro, British Pound, Canadian Dollar, Australian Dollar and theSwiss Franc. The more commonly traded currency pairs are the US Dollar and theJapanese Yen, the Euro and the US Dollar, the Swiss Franc and the US Dollar. In Forextrading, everything is speculative and virtual. There is no actual product being sold orbought. The activity mostly consists of computed entries made on the value of onecurrency against another. Say for example, you can buy Euros with US Dollar, hopingthat the Euro will increase it value. Once its value rises, you can sell the Euro again,thus earning you profit.Strategy Two: Learn the language. There are three concepts you need to know in thecurrency market. Pips refer to the increase of one hundredth of a percent of the valueof the currency pair you are trading. Usually each pip has a value of $10 or $1. Volumeis the quantity or amount of money being traded at one particular time in the market.Buying is the acquisition of a particular currency. A trader buys with the hopes that theprice of the currency will increase. Selling is putting a currency up for grabs in themarket because of a potential or possibility of a decrease in its value. There are also
  11. 11. SUPERIOR FX SIGNALS .COMtwo techniques of analysis usually used in this business – the fundamental and thetechnical analysis. Technical analysis is usually used by small and medium players.Here, the primary point of analysis revolves on the price. Fundamental analysis, on theother hand, is used by bigger companies and players with higher capital as it involveslooking at the other factors affecting the value of a particular currency. In this type ofanalysis, the player also looks at the situation of the country, particularly issues likepolitical stability, inflation rate, unemployment rate, and tax policies as these are seento have an effect on the currency’s value.Strategy Three: Develop a sound trading strategy. Your trading strategy would dependon what kind of trader you are. The basic thing with developing a trading strategy is toidentify what kind of forex trader you are. A good trading strategy should lessen, if not,eliminate losses. Plan also the size of your transactions. It is better to conduct manydifferent trades than one huge transaction. Not only does it develop discipline, but italso lessens any possible loss as only a fraction of the capital is affected. Part of atrading strategy is developing the values of discipline and proper money management.Strategy Four: Practice. Try paper trading, a great way to practice your skills, see howthe market works and get acquainted with the software and tools being used. There areonline brokers who allow free paper trades, which allows practice and experiencebefore doing it with real money.Strategy Five: Choose the right forex dealer. Make sure that they are regulated by thelaw. Take not of dealers with investment schemes that give out too-good-to-be-true-just-false-hopes promises. Look at investment offers before getting started.Forex trading may seem easy and manageable. But the emotional stress, the demandsand challenges of being a forex trader requires more than just the knowledge of themarket. It requires more than just a keen and sensible head for business. It’s all abouta game plan, a strategy.
  12. 12. SUPERIOR FX SIGNALS .COMKnowing about the different trading strategies in Forex will allow you to minimize therisk of losing money and increase your chances of making huge profits.First of all, it is important that you should remember that the Forex market can give youthe chance to earn a lot of money. It is a known fact that people who have traded inthis very liquid market have made millions of dollars almost overnight. You also have toknow that the Forex market is also a very risky market to be in. It is also a known factthat many traders in this market have experienced losing a lot of money even to thebrink of bankruptcy or beyond.This is why you should know the different strategies that are necessary in the Forexmarket. Without these strategies, you will be like a blind man crossing a busyintersection with no one to guide you.First, you need to realize that Forex trading strategies are very different from thestrategies used in stoke trading. If you know about the different trading strategy inForex, then you will really earn a lot of money from this very large financial market.One of the most useful strategies that you can apply in the Forex market is calledleverage. This is one of the most common strategies that you can use in the Forexmarket and most Forex traders are familiar with the leverage strategy and many havemade large profits from this strategy.If you already have a funded Forex account, you can use the leverage strategy to helpyou trade more effectively in the Forex market. Leverage strategy works by giving you100 times the amount of money that you can trade in your deposited account.Therefore, if you do win, your income will also increase 100 times. This will allow betterresults in your trades.
  13. 13. SUPERIOR FX SIGNALS .COMAnother strategy that is commonly used in the Forex market is called the stop lossorder. This strategy is used to protect you from potentially losing a lot of money. Thisworks by letting you choose a predetermined point in the trade where you will nottrade. Therefore, it will eventually minimize the risks. However, if the movement of thecurrency is not like what you actually predicted, you will end up losing potential moneymaking opportunity with this kind of trade.Automatic entry order is another Forex trading strategy that you can use when youtrade in the Forex market. This will allow you to enter the Forex market automaticallywhen the price of a particular currency is right for you. The price is predetermined andonce it reaches that predetermined price, you will be automatically entered into thetrades.These strategies will help you trade in the Forex market more effectively. It willeventually help you minimize the risk and maximize your income earning potential.However, you should always remember that you should know when you should usethese strategies. It is also important that you should remember that there is always therisk of losing money when trading in Forex. These strategies will not necessarilyeliminate the risk but will minimize it.
  14. 14. SUPERIOR FX SIGNALS .COMIMPORTANT DISCLAIMERU.S. Government Required Disclaimer - Commodity Futures Trading Commission Futuresand Options trading has large potential rewards, but also large potential risks. You mustbe aware of the risks and be willing to accept them in order to invest in the futures andoptions markets. Dont trade with money you cant afford to lose. This is neither asolicitation nor an offer to Buy/Sell futures or options. No representation is being madethat any account will or is likely to achieve profits or losses similar to those discussed onthis web site. The past performance of any trading system or methodology is notnecessarily indicative of future results.CFTC RULE 4.41 - HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAINLIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOTREPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THERESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OFCERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADINGPROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITHTHE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNTWILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.No representation is being made that any account will or is likely to achieve profits or lossessimilar to those shown. In fact, there are frequently sharp differences between hypotheticalperformance results and the actual results subsequently achieved by any particular tradingprogram. Hypothetical trading does not involve financial risk, and no hypothetical tradingrecord can completely account for the impact of financial risk in actual trading.All information on this website or any e-book purchased from this website is for educationalpurposes only and is not intended to provide financial advice. Any statement about profits orincome, expressed or implied, does not represent a guarantee. Your actual trading may result inlosses as no trading system is guaranteed. You accept full responsibilities for your actions, trades,profit or loss, and agree to hold the authors/creators and any authorized distributors of thisinformation harmless in any and all ways. The use of this system constitutes acceptance of ouruser agreement.

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