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If you often use Internet, you probably find out the term Forex Trading ads on some sites. And even hear it on newspaper’s ads. So, what is Forex ? Forex is abbreviation from term Foreign Exchange. If you are interesting on Forex and don’t have any basic knowledge about it, this ebook is suitable for you.
Complete Newbie’s Guide to Online Forex Trading is talking about basic Forex trading. This free ebook answer some questions : what is Forex Trading all about ? How Do Individual Trader fit in on forex trading?
Further than the two questions, this free ebook will teach you the absolute basics of Forex. You’ll learn the fundamental concepts and terms involved in an average trade, as well as ...
-How currency values are determined
-How and why currency values are relative
-Why currency is traded in "pairs" , and what that means
-The difference between ’bid price’ and the ’ask price’ of a currency.
-The relationship between ’pips’, ’lot sizes’, and ’spreads’, and what each of those means
-What your brokers means by ’leverage’, ’usable margins’ and ’margin calls’
-Factors affecting currency valuations
-Where to get the information