Saturday, December 29, 2012

Going Live

Going Live So you have played for some weeks with demo accounts, you are very familiar with how everything works, you have your documents ready, you have some money reserved for your first investment and you feel comfortable with the broker of you picked. What comes next? During the registration process you’ll be asked to pick between micro, standard or professional (or any names they use), I believe there is a nano account somewhere. And the difference they have rely on the size of the lots you can trade, if you’re a beginner it’s better...

Before you start

Before you start Hello and welcome to my blog I have decided to start this blog to give some advices and record some of my experiences about the exciting world of the Foreign Exchange or Forex as most people friendly call it. The concept of what we do once we start trading in the Forex market is very basic, we exchange a lot of a currency pair, for example Euros and US Dollars (the famous EUR/USD as it’s abbreviated), you can decide whether to buy or sell and if the market moves in your favor at the moment of closing the operation you can...