|
|
|
A Comprehensive Forex Broker Register
A comprehensive forex broker list includes investment banks with dealing rooms, commercial banks with treasury operations, and online brokerages that serve a larger market. The investment banks with forex trading capabilities include Morgan Stanley,...
Forex Trading
The foreign exchange market, also knows as FOREX, originated in
1973 has become the largest e-currency trade market in the world
today. FOREX trading occurs 24 hours a day, 5 days a week. The
FOREX market offers a unique trading opportunity to...
Introduction to Bollinger Bands; A Great Help In FOREX Trading.
Forex trading has become one of the most looked after occupation
for many persons around the world. This is due to its great
advantages over other capital markets and its high potential
profitability; among these advantages we can find its...
Investing vs. Trading: Who Cares Anyway?
The mutual fund industry requires customers that buy their funds and never sell them. So naturally, they disseminate a lot of editorial decrying any trading, market-timing or re-allocating that includes selling their mutual funds. This non-selling...
What's The Fuzz About E-Currency Trading
You keep hearing about this money making system that requires no
selling, only an hour a day (max) and no special skill.
Yeah right.
At least that's the first impression for someone who has been in
the internet for a while.
Enter...
|
|
| |
|
|
|
|
|
|
Beginning Forex - How Are Lots Traded & What The Heck is a PIP?
If you are new to Forex, no doubt you are confused by all of the
strange and unfamiliar terminology. For example, what is a pip?
Also, you are probably already aware that Forex trading can be
risky. How can you limit your loss and best protect your funds?
This article briefly covers how currency lots are traded to help
you better understand how to plan your trading strategy and
manage your funds.
In Foreign Currency Exchange (FOREX), earnings are expressed in
"pips". Pip is short for Price Interest Point, also called
points. Whereas the smallest denomination in USD is the penny
($.01), in Currency Exchange, funds can be traded in an even
smaller denomination, $0.0001. This means that very small
movements in currency prices can create large profits.
So, a PIP is the smallest unit a currency can be traded in. The
actual value of a pip is not a set price. If you are trading
with a standard account, a pip is worth $10. If you are trading
a mini account, a pip is only worth $1.
The value of a pip changes based upon the size of your account,
because the size of your account affects how much currency you
can leverage. A standard full size trading account is 100,000
units of the base currency. If you are trading in USD, a
standard account has a value of $100,000 USD.
A mini lot is 10,000 units of base currency. If you are trading
mini lots, you can leverage $10,000. This is why a pip in a mini
account is worth less than a
pip in a standard full sized
account.
While Forex trading allows you to leverage more funds than you
actually have, this can be a double edged sword. While you can
make profits on funds that you leverage (rather than own), you
can also have losses amplified as well. There are several ways,
however, to manage your risk when trading Forex. If you are
interested in trading Forex, you should have a definite trading
strategy. You must educate yourself to know when to enter and
exit the market and what kind of movements to anticipate.
You can also place something known as a stop loss order.
Stop-loss orders the typical way traders minimize risk when
placing an entry order. A stop-loss order to exit your position
if the currency price reaches a certain point.
If you are taking a long position, you would place the stop loss
order below current market price. For a short position, you
would place a stop loss order above current market price. This
technique allows you to manage your risk and, just as the name
suggests, stop your losses at a certain point.
As you can see, Forex trading can be complex, but once you
understand the basic fundamental principals of how lots are
traded, its starts to come together for you. Foreign Currency
Trading can be quite profitable and and exciting way to invest.
About the author:
For more FREE Forex Training Articles, visit: Forex
|
|
|
|
|
| Currency Trading, Forex Trading, Forex, Online Currency Trading |
| Offers 24 hour online currency trading for institutions and professional traders. |
| www.fxcm.com |
|
| OANDA FXGame - Currency Trading Demo Platform |
| You can start playing the currency trading market with real market conditions ... The platform was created with the goal of making currency trading ... |
| fxgame.oanda.com |
|
| Forex | Forex Trading | Forex Minis | Online Currency Trading |
| FOREX.com - THE site for forex trading. 24hr commission-free currency trading w/ real time execution and guaranteed fills. Forex mini accounts from $250, ... |
| www.forex.com |
|
| Currency Trading News, Forex Trading News, FX News, Forex News |
| Currency Trading News, Forex Trading News, FX News, Forex News - Daily FX. |
| www.dailyfx.com |
|
| Currencies - Currency Converter & Latest Rates at CNNMoney.com |
| Dec 6 1:18pm ET †, US $, UK £, Japan ¥, Euro €. US $, 0.5079, 115.05, 0.7517. UK £, 1.969, 226.50, 1.4798. Japan ¥, 0.008692, 0.004415, 0.006533 ... |
| money.cnn.com |
|
| FOREX Advisory |
| The CFTC urges you to be skeptical when promoters of foreign currency trading claim that their services or account management will earn high profits with ... |
| www.cftc.gov |
|
| Forex Trading: Online Currency Trading from Global Forex Trading |
| Global Forex Trading is the premier online foreign currency trading firm and a primary market maker. To learn more about forex trading, visit GFTForex.com. |
| www.gftforex.com |
|
| Amazon.com: Foreign Currency Trading: From the Fundamentals to the ... |
| Amazon.com: Foreign Currency Trading: From the Fundamentals to the Fine Points: Books: Russell Wasendorf by Russell Wasendorf. |
| www.amazon.com |
|
| Forex, Online Currency Trading, FX, Foreign Exchange | ACM Forex |
| Forex Trading with The Forex Broker. ACM offers online currency trading, commission-free, tax-free, lowest forex spreads on the market, guaranteed fills, ... |
| www.ac-markets.com |
|
| OANDA FXTrade - Currency Trading, Forex Trading, Online Currency ... |
| Currency Trading with FXTrade, leader in online currency trading, provides real-time execution, free forex charts and quotes, and 24 hour forex trading. |
| https: |
|
| Forex-Day-Trading.com - Currency Trading with FREE Training |
| Learn how to day trade currencies with our free training. Try a free forex trading demo for 30 days. |
| www.forex-day-trading.com |
|
| Forex Online Currency Trading: Welcome to Global Forex |
| Global Forex offers online currency forex trading at inter-bank FOREX rates. Try our FREE online forex demo trading system. |
| www.globalforex.com |
|
| Forex trading - Realtime Forex online currency trading |
| Realtime Forex offers commission-free online currency trading on live foreign exchange prices. Realtime Forex’s currency trading service also includes free ... |
| www.realtimeforex.com |
|
| Forex Blog |
| Forex news blog with daily commentary. Has a good beginner's article. |
| www.forexblog.org |
|
| Common Questions About Currency Trading |
| Whether you're puzzled by pips or curious about carry trades, your queries are answered here. |
| www.investopedia.com |
|
| OANDA FXTrade - Currency Trading Basics |
| Currency Trading Basics. Exchange Rates and Spreads: ... In currency trading, these codes are often used to express which specific currencies make up a ... |
| fxtrade.oanda.com |
|
| Currency trading, free forex charts, news and analysis |
| Online currency trading with technical analysis, charts and forex news. |
| www.gfforex.com |
|
| Finance - Currency-Trading Ezine Articles |
| EzineArticles.com allows ezine or email list publishers to upload or download free expert content that can be used within email newsletters or websites. |
| ezinearticles.com |
|
| MGFOREX |
| MG Financial Group - Forex, FX, Online Forex Trading. |
| www.mgforex.com |
|
| DirectoryM - Debt Settlement Solutions |
| Simply provide your contact details and describe your needs to receive a free consultation from business or personal debt service providers. |
| www.directorym.com |
|
|