by Ed Yourdon Unlike normal stock markets which are traded on exchanges that are located in a specific place, Forex currency exchange takes place via an Over The Counter (OTC) or interbank market. This means that transactions are conducted electronically between brokers.Thanks to this and global time zones, Forex is a genuine 24 hour financial market. The day begins in Australia and moves around the globe a ...

by Ed Yourdon Foreign trading has huge potential and certainly does make some people rich, but you need to know what you're doing and have patience if you want to be successful. You can make big money, but note that isn't so easy when your funds are small... It's not so easy to make money, at least when you're new at forex trading. It's easy to get to a computer with broadband connection and a find a broker ...

by Ed Yourdon Mastering the risk on each trade to avoid losing money is the foundation of success for traders.Mostly novice traders do not take into account the "loss" in its trading system, only the potential gain is evaluated.Money management or capital management or risk management is paramount, it is to manage the trades according to several factors:- Learn to use the orders Stop Loss and Take Profit ef ...