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LEARN HOW TO BEAT THE MARKETLIKE A PRO WITHTHE TRADING GAME. .EUR/USOBITCOINUSD/JPYOILGBP/USDGOLD1 BITCOIN 7,226.73 USDTODAY 1.2%BUY PRICESELL PRICEEUR/USOI'VSELL7,226.48fTOP PAIRCurrency pairs are divided into majors,crosses and exotics. Majors representBUY7,226.98developed economies and are highlyliquid with low spreads. They are stableand predictable in relation to otherasset classes such as small capequities and stocks.DOWNLOAD

BEFORE YOU INVEST IN SOMETHING, INVESTTIME TO UNDERSTAND IT /WARREN BUFFETT/Actual networth 79B About this e-bookMany moons ago when the iPhone was justa glint in Steve Jobs’ eye, we started trading currencies. As our journey progressed,it was immediately obvious that finding anyuseful trading advice for a beginner wasalmost impossible.The lack of generalinformation was bad, but things got evenworse when we needed to find specific answers related to forex. When we were able to find something helpful, the forex focused material lacked depthand it was often scattered wildly around theweb. If you wanted to learn about leverageit would be on one website, while information about Forex fundamentals would be onanother and useful tips somewhere else yetagain. We knew there had to be a betterway how to learn Forex Trading.So we built it. Now we have the free “Forex Trading ForBeginners” e-book. Here you can findabsolutely everything you need to startlearning to trade currencies. We did the research for you, to help youBest Forex Broker infind the2020. We compared losing rate, commissions, social trading feature, customerservice, practically everything. We wentdeep, so you won't have to. This e-book was created with the solepurpose of providing a trustworthy andstraightforward resource so you can learnall the fundamentals of forex trading without the need to endlessly trawl throughGoogle searches. We don’t claim to have any secret magictips on Forex trading. You’re not going tohear anyone suggesting you will make atrillion dollars a week or that you will bebuying your private island next month.Instead, what this book offers is a safehaven for newbie traders. We promise there are no claims of easymoney nor holy grails here; just usefuladvice, well organised and simply writtento help you learn as much about forextrading as possible.

Why People Forex?Share nowStart with 100Until the early 2000’s, it was not possible to tradeforex markets with anything less than 10,000. Unlikeother financial markets, you can trade with muchsmaller amounts such as 100. More and moreplayers are entering the forex market, allowing you toleverage your capital and make money from fluctuations in the forex market. Work While Lying in a HammockYou can literally trade forex markets while sipping ona cool drink and lying in a hammock. All you need toget started is some capital to trade with, a computer,laptop or smartphone and an internet connection.You decide when you want to trade and thereforeyour working hours. No crisisEven during a financial crisis, you can still makemoney trading forex markets. Any oscillation in thecurrency can be taken advantage of by going longor going short. Whether a market is bullishorbearish, you can trade either way with forex unlikestocks or other financial instruments. Learn from Pros with social tradingYou can watch what professional traders are doing andobserve their trades withSocial Trading.Social trading lets you copy other trader’s strategiesand can be very beneficial to newcomers, shorteningthe learning curve. In the past, traders relied on fundamental and technical analysis, but with social trading,you can take cues from successful traders to makemoney on forex. Easy rulesThe forex market is quite straightforward as compared to other financial markets. With stocks, youhave to analyse company reports and choosefrom thousands of companies to invest in. However,forex markets generally revolve around eight currencies, known as the Majors. Put simply, the bettera country’s economy is doing, the better we expecttheir currency to perform.

Share nowHow to Trade if You Are a Busy Person If you are too busy to follow the news and monitor the charts all day, it is possible to participatein Forex trading in an easier and less time consuming way. Social trading allows you to connectwith experienced traders, see their performance statistics, discuss their trading ideas, learn fromtheir mistakes and copy their successful strategies. In essence, you make professionals work foryou. 1 Choose a Platform Even if you are new to Forex, there are beginner friend-eToro(10 millions users) thatly platforms likeoffer you an interesting opportunity - to follow the besttraders and copy their transactions.2 Follow Top tradersDiscover traders you want to follow and addto your watch list. View their past performance stats,read status updates on their strategies, analyze resultsand communicate with them.3 Copy their tradesIf you are satisfied with the results and trading style,you can copy their trades with one click of a button.4 Learn and ProfitNow you can sit back and watch how experiencedtraders do the work for you. Your task is to carefullyanalyze their results and learn as much as possiblefrom their trades. The ultimate goal of social trading isto build a portfolio of the best traders. You must havetraders with different risk appetite and various currency‼Check Out The Most Copied Trader List HERE ‼

What is Leverage, Pip & Spread Share now1 LeverageLeverage, which represents a margin trading ratio, enables traders to borrow a certain amountof money that allows them to trade in much bigger deals. Moreover, leverage allows one totrade using more money than they have in their account. Therefore, you “leverage” your account’s balance to place a bigger trade. Currency rates move very slowly. This makes smalltrades unfashionable as they only return small profits and losses for every pip rate changes.Therefore, leveraging helps one to trade in larger deals hence amplifying their potential profitsand losses.‼ According to the new ESMA intervention measures, leverage rates can only be offeredbetween a margin of 2:1 and 30:1, depending on the specific instrument. ‼2 Pip Check out our article about the ESMA here Price Interest Point represents the smallest change in a currency pair. Typically, it is thefourth decimal point, although many brokers quote using the fifth decimal. However, thefifth decimal doesn't really affect the price as it changes really quick.Currency pairs that include the U.S. dollar, a pip is 1/10, 000 of a dollar, whereas when thecurrency pair includes the yen, a pip is 1/100 of a yen because the yen is closer in value to1/100 of other major currencies.3 SpreadIn Forex trading, brokers quote the bid and ask price for the currency pairs. The bid is the pricethat a trader can sell the base currency while the ask is the price they can buy the base currency. Spread refers to the difference between the two prices. Besides, this is how the “no commission” brokers- those who do not charge a separate fee on traders’ transaction- make theirmoney.The spread is measured in pips. Most currency pairs- the base currency and quote currency- have a pip value equal to 0.0001. For instance, take the following quote; EUR/USD 1.1051/1.1053 the spread is 0.0002, which equates to 2 pips.

What is Forex? Find Out Here! Share nowℹIn the forex market, 5.3 trillion is traded daily, making it thelargest and most liquid market inthe world.ℹThe trade in Forex occurs betweentwo currencies, because one currencyis being bought and another - sold atthe same time Point (Pip)The fourth unit after the decimalpoint, which is the smallest unitof an exchange rate SpreadThe difference between the sellquote and the buy quote (inpips)

How To Read Currency Pairs? Share nowCurrencies are traded in pairs as their value is relative to one another. The first currency shownis the controlling one in terms of placing your order. So if you see EUR/USD then you are always choosing to buy or sell the first currency (Euro) against the second currency (U.S. Dollar).MAJORS are widely traded by beginners and professionals alike. This is because they have the most liquidity, lowest spreads and the broadest range of movements. Unlike small currencies, majors are generallymore stable. The economic and political institutions ofthese nations are generally long established and predictable compared to other nations.THE CROSSES are any currency pair that doesn’t feature the USD and they do not hold any less profit potential than the majors. Too much US Dollar exposurecan lead to all your trades heading in the same direction, a big problem if that direction is against you.THE "EXOTIC" currency pairs are less traded and somuch more costly to buy or sell. Don’t let the cost putyou off, because many of the greatest traders of all timemade their fortunes with exotics. For example, one ofthe 5 greatest forex traders, George Soros gained 800million profit from selling Thai Baht (THB) in 1997 Asiancrisis.

How Leverage Works? Share nowLeverage in Forex trading is all about entering borrowed capital into transactions. The money isborrowed from a broker who acts like a bank that fronts you some cash to invest, which in thiscase is to buy currencies.Take the options shown below: Leverage of 1:20 Leverage of 1:200With a margin trading ratio (leverage) of1:20, option A allows a trader who hasinvested 100 to trade with US 2,000.Moreover, if the pip value changes by 0.0030, the trader makes a profit of 6hence increasing the balance in theiraccount to 106, thus an ROI of 6%.On the other hand, option B allows oneto trade with 20,000 and makes a 60profit. The trader’s closing balance intheir account would be 160 with an ROIof 60%. This shows that the higher yourleverage, the higher your chance of abetter ROI.‼ Tips and warnings when using Leverage ‼ Keep your losses within manageable limits. Well, professional traders adviethat one shouldn’t risk all their money in one transaction. Besides, a trader shoulddiversify their risk by spreading it out to about 5% of their total deposit per trade. Incase of any losses, they’ll not only be small but will not get out of hand. Use Stop-Loss Orders and other strategic stops. The stop loss order letsyour broker know to sell a currency when it hits a certain set price. These stopswork around the clock in the forex market, therefore, protecting your position whenyou are logged out of the system. In addition, the strategic stop caps the losseswhile also protecting the profits. Always start slow at first. This helps in building the novice traders’ experienceand confi- dence in their early days of trading. Once you’ve learned the ins andouts of forex trading, you can consider increasing the leverage.