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FOREX TRADING COURSE FOR BEGINNERS
Forex trading is possible 24 hours a day five days a week, unlike the stock market where you are
required to trade between 9 am and 5 pm Monday through Friday. Forex traders are able to trade
from just about anywhere they either have an internet connection or a phone, and they can do
it at any time. This makes forex currency more accessible to investors who have a full-time job so
that they can trade after hours.
When participating in FX trading, the main object is to buy cheap and sell it high. You can buy
forex currency in units and you are able to resell the units for higher dollar amounts. You must
however, only buy the currency in units or in pairs, because a single unit of currency cannot be
traded. Technical analysis is one method that investors use to trade forex currency. Through
learning how technical analysis works, forex traders learn how to read the forex signals and trade
accordingly. Obviously it is imperative that new forex investors take the time to educate
themselves and practice repeatedly before jumping into the forex game. It is really not that
complicated once you have the proper training and forex education, but the fluctuation of
currency is constant so investors must be on top of their game at all times.
Investors who are interested in trading forex currency should begin by investing a small amount
of money on training materials, such as eBooks, regular books, and through signing up for a free
account at a forex trading site. This will allow you to practice trading forex without losing real
money and then once you are ready, you can begin trading live. You may also want to look into
an online discount broker, or a forex trading system. You may find that you don’t want to go
through a broker at all as part of your forex trading strategy.
This is quick overview of the forex exchange that should help you get started. If you are seriously
interested in forex currency, then you must invest in your education and study very hard before
you begin. This is not an area to jump quickly into, although investing money should never be!
BUYING STOCKS ONLINE
When buying stocks online there are many things to consider. Most importantly, you need to
determine the type of stock broker or brokerage firm that you will use. This broker or brokerage
firm must be licensed to purchase securities on your behalf and also the services provided must
align with the type of stock trading you are planning to do. There are four categories of brokers
that you should know about so that you can begin to research the type that you will need. In
today’s article we will take a look at money managers, full-services brokers, and discount brokers.
When buying stocks online you can utilize the services of a money manager. Money managers
typically handle very large portfolios and they also charge very high fees. Their fees are based on
the assets that they manage for you and not per transaction like many online brokers. They
basically perform asset management for you and for many investors they handle all aspects of
an investor’s portfolio, requiring little collaboration with the investor. They are highly trained,
highly skilled professionals whose services are similar to that of a financial or investment advisor.
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