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 Deteriorating economic conditions in one part of the globe did not have nearly the same catastrophic effect on worldwide markets as they sometimes have today, and the relative value of international currencies simply did not fluctuate on a daily basis.

The Forex Today

But with the introduction of the Euro, and its relationship to the US dollar, the Forex market saw explosive growth.  As more and more people turned to currency trading as a part of their investment portfolios, Forex education became more and more essential. Anyone who decides to begin trading currency without spending some time on Forex education is almost guaranteed a quick and bloody exit.  There are so many aspects of Forex trading which should be at least understood, if not mastered, before an investor begins trading that those who fail to study them will soon be lunch for those who know what they are doing. Learning to read currency charts and technical analysis, at the very least, will provide minimal Forex education, but very minimal.  Getting into Forex trading without Forex education is akin to deciding to take a raft trip down the Amazon without a map of South America, and a compass. It's a jungle out there.


Both the enormous size and liquidity of the Forex market have attracted millions of players who think they can bet the trends, which are usually pronounced.   Another almost irresistible enticement which the Forex trading offers is its huge leverage ratios; Forex brokers will allow their clients to be leveraged by as much a 100:1.   And with that enormous leverage ratio, or course, comes enormous risk.


( 2 comments — Leave a comment )
Mar. 20th, 2011 02:04 pm (UTC)
As a Newbie, I am always searching online for articles that can help me. Thank you Wow! Thank you! I always wanted to write in my site something like that. Can I take part of your post to my blog?
Mar. 20th, 2011 02:37 pm (UTC)
Sure you can.
( 2 comments — Leave a comment )