The foreign exchange, or forex, market is a relatively safe place to invest money, but like with any investment research and understanding indicators are key to making profits. Watch this video to learn how to use forex trading spreads to read the market and make sound investments.
Forex— what is it? Any investor could tell you a complicated description of what Forex is, but the basics of the FX currency markets is— an over-the-counter financial market for trading currencies. The foreign currency exchange market has no central exchanges like the stock market and little regulatory oversight. With this beginner’s guide, learn the trading basics.
As with any investment, putting your money in foreign markets requires due diligence and the willingness to take risks.
This video is teaching you how to have proper Risk Management when trading. Not managing your risk will eventually kill your capital, whether you are trading stocks, forex, futures or indices. After explaining the concepts instructions are provided for you to adopt the principles mentioned.