How to trade Forex Best tip Ever!

How to trade Forex Best tip Ever!



How to trade Forex?

visit http://pipsociety.com

You may have noticed that the value of currencies goes up and down every day. What most people don’t realize is that there is a foreign exchange market – or ‘Forex’ for short – where you can potentially profit from the movement of these currencies. The best known example is George Soros who made a billion dollars in a day by trading currencies. Be aware, however, that currency trading involves significant risk and individuals can lose a substantial part of their investment. As technologies have improved, the Forex market has become more accessible resulting in an unprecedented growth in online trading. One of the great things about trading currencies now is that you no longer have to be a big money manager to trade this market; traders and investors like you and I can trade this market.
Forex in a nutshell
The Forex market is the largest financial market on Earth. Its average daily trading volume is more than $3.2 trillion. Compare that with the New York Stock Exchange, which only has an average daily trading volume of $55 billion. In fact, if you were to put ALL of the world’s equity and futures markets together, their combined trading volume would only equal a QUARTER of the Forex market. Why is size important? Because there are so many buyers and sellers that transaction prices are kept low. If you’re wondering how trading the Forex market is different then trading stocks, here are a few major benefits.
Many firms don’t charge commissions – you pay only the bid/ask spreads.
There’s 24 hour trading – you dictate when to trade and how to trade.
You can trade on leverage, but this can magnify potential gains and losses.
You can focus on picking from a few currencies rather than from 5000 stocks.
Forex is accessible – you don’t need a lot of money to get started.

How is Forex traded?
The mechanics of a trade are virtually identical to those in other markets. The only difference is that you’re buying one currency and selling another at the same time. That’s why currencies are quoted in pairs, like EUR/USD or USD/JPY. The exchange rate represents the purchase price between the two currencies.


14 Comments

  1. is there more money to be made on Nader or on Forex?

  2. Mike Schwartz

    Wow I knew it! I always felt like they can see me coming. Now it all makes sense. I'm a full time trader and I'm joining you today!

  3. I would like to be a member of the Pip Society ….how do I do it ?

  4. your voice – sexy! Great video to thanks

  5. Anu FreeFlight

    I plan on trading penny stocks. dose this apply in those markets as well or towards options only?

  6. Oswaldo Montor

    hey leo is it essential to have Meta Trader 4 as my main trading platform? i see alot of people recommending it.

  7. good stuff man!

  8. Maurice Singleton

    GREAT VIDEO LEO!!???

  9. Major Logistics llc

    How may pips did that move to make your profit, can you do a video explaining the pip to lot size raio

  10. Home Base Business That Anyone Can Do

    great video Leo..already in ur program and in profits two months straight. One of the best courses out there, but big value is in ur group..#PipSociety4EverBaby

  11. Luisa Alexander

    Great Video! Thank you very much for your valuable tips.

  12. Leo Great vid, glad to see N.O rep trading.Looks like you are using traders way mt4 Do You like them?

  13. How much did you make last year , and do you do signals ?

  14. As always great video. Best teacher out there

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