Part 3 of 3: Starting Trading
A. Analyze the market. You can try several different methods:
Technical analysis: Technical analysis involves reviewing charts or historical data to predict how the currency will move based on past events. You ...
Part 2 of 3: Opening an Online Forex Brokerage Account
A. Research different brokerages. Take these factors into consideration when choosing your brokerage:
Look for someone who has been in the industry for 10 years or more. Experience ...
Trading foreign exchange on the currency market, also called trading forex, can be a thrilling hobby and a great source of investment income. To put it into perspective, the securities market trades about $22.4 billion per day; the forex market ...