In the forex market, you buy or sell currencies. placing a trade in the foreign exchange market is simple: the mechanics of a trade are very similar to those found in other markets (like the stock market), so if you have any experience in trading, you should be able to pick it up pretty quickly.. the object of forex trading is to exchange one currency for another in the expectation that the. Bank traders only make up 5% of the total number of forex traders with speculators accounting for the other 95%, but more importantly that 5% of bank traders account for 92% of all forex volumes. The market is liquid 24-hours a day, 5-days a week, opening in the evening on sunday during north american trading hours and closing at 5-pm on friday evening during the same time zone..
Learn how to really make money in the markets by watching dustin pass, one of the world's best forex traders. begin by watching this forex live training, then learn to use this forex strategy on. If you want to make an income from your forex trading then i recommend opening an account with at least $3000 for day trading, or $4000 for swing trading or investing. play with the scenarios to find an income level and deposit level that is acceptable.. The most profitable forex day trading strategy will require an effective money management system. one technique that many suggest is never trading more than 1-2% of your account on a single trade. so, if you have $10,000 in your account, you wouldn’t risk more than $100 to $200 on an individual trade..