Guide TO Forex Trading
Quik Overview

FOREX is a spot market, where foreign currencies are traded - bought and sold for profit.

FOREX is a worldwide currency speculation arena with no centralized place for trading and exchange.

FOREX is a huge market with trillions dollars turnover a day and the largest investors - banks, hedge funds, investment companies and so on.

FOREX is open to individual retail investors - Forex traders - through the services of Forex brokerage companies that provide an access to the currency exchange market and take care of buying and selling orders of their clients.

FOREX is a 24 hour market that is traded every day all year round, except for holidays.

FOREX allows trading over 150 foreign currency pairs, among which the most traded are: EURUSD, GBPUSD, USDJPY, AUDUSD, USDCHF, USDCAD and GBPJPY.

FOREX trading is based on technical (price charts) and fundamental (news, economic events) analysis.

FOREX is an online stay-at-home type of business for individual investors.

FOREX is an attractive financial instrument, which can be mastered by any person with any kind of education and/or social status.

FOREX is a type of market which nowadays can also be traded by automated online expert advisors without any human intervention.

FOREX is an alternative type of investment, which unlike any other investment carries one of the largest financial risks.

FOREX is a trading arena, where in order to succeed a trader needs to learn the rules of the market, its trends, moves and behavior, and be able to apply the knowledge under real trading conditions.

FOREX is difficult to trade without a trading method - a trading strategy or system.

FOREX is a fast growing industry, and by directly dealing with money it also became
a lucrative business to various scam dealers. Novice traders should be alert about any offers in Forex which sound too good to be true.

Finally, FOREX should never be associated with quick and easy money.

Forex for beginners More about Forex in Wikipedia.
Currency trading Tutorial at Investopedia.