R achid started trading Forex with 20,000USD, attended a couple of Forex seminars, was mentored by a good Forex coach and subscribed to an excellent Forex signal service. You either thought it was not important or naively believed in the guy – who after all may not be that sound in the core of Forex trading – who recommended the broker to use. A technical pattern shows up on the price chart or a piece of news filters into the market; trader X feels a currency pair is under-priced and go long, trader Y figures that the currency pair is over-valued and go short, the market moves in a direction and leaves one trader moaning and the other smiling. And this explains why the most important factor to your success in Forex trading remains who taught you Forex. The Forex market is an electronic network and the commission fee is the legal and justifiable way your broker makes her money. A Market Maker, on the other hand, has spent more than enough to advertise to you and does not have the technology and financial capability of transferring your orders to the Forex market. read more
[Tags]forex, market, broker, trading, money, maker, forex news[/Tags]
Hi, just registered today, can someone give me some suggestions on which ebooks or guides are good for newbies like me?