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I've heard about forex about 2 months ago.As far as i know it is trading market system.Is there anone who can help me out to know more.
Forex is not just a trading market but that which involves the trading of different currency in a particular platform. It is an internationally recognised business with high degree of volatility and requiring adequate skills for it's success.
but nowadays many forex technology that can help traders without the need adequate skills for success... i think if we can use many tools that already exist to help traders analyse the market than we can just use it and test it to know which mostly help which one is not help our trade, smartest guy will choose correct weapon and use it rather than create the weapon itself
I've heard about forex about 2 months ago.As far as i know it is trading market system.Is there anone who can help me out to know more.
Forex trading is the exchanging of one currency to get the other. This is done online as the case maybe. You will need to have your trading account funded and when you do that you will also need to have a good prediction knowledge due to that will help you buy or sell currencies when there are higher price to sell or lower prive to buy.
If you would like to learn more about about forex, you can do a lot of visits to the various forex forums, forex forum usually give as much knowledge about forex, one of which you can visit the instaforex forum or instaforex tutorial.
of course there is no perfect system that can guarantee us with 100% correct signal because of market movement affecting by many factors especially news on economic policy, but at least we already prepare with technical analysis and if we want more convince than we must doing some fundamental analysis by ourself to certain us whether that signal seem correct or notYes though, but then, what if the market turns out the other way round such that the novice/new trader cannot easily analyze it and program the robot to trade in the desired direction. In as much as EA helps, I am still not an advocate of it for newbies.
of course there is no perfect system that can guarantee us with 100% correct signal because of market movement affecting by many factors especially news on economic policy, but at least we already prepare with technical analysis and if we want more convince than we must doing some fundamental analysis by ourself to certain us whether that signal seem correct or not