By using different techniques of page turn you can additionally enhance your eBook encounter. You can try many strategies to turn the pages of eBook to enhance your reading experience. Check out whether you can turn the page with some arrow keys or click a specific part of the screen, apart from utilizing the mouse to manage everything. Favor to make us of arrow keys if you are leaning forward. Attempt to use the mouse if you are comfy sitting back. Lesser the movement you need to make while reading the eBook better is going to be your reading experience.
CURRENCY PAIR: The quotation and pricing structure of the currencies traded in the forex market: the value of a currency is determined by its comparison to another currency. The first currency of a currency pair is called the "base currency", and the second currency is called the "quote currency". The currency pair shows how much of the quote currency is needed to purchase one unit of the base currency.

Trading forex can be an ultimately rewarding experience, but you must learn the ins and outs first. There is a lot of risk involved and this most definitely outweighs the returns for those who jump the gun and start trading without being fully prepared. Take the time to work on your education - it’s the most important aspect of forex trading.  Knowledge is power, and that power will enable you to make logical decisions and continue trading long past the time when a lot of players have gone bust.
Since the market is made by each of the participating banks providing offers and bids for a particular currency, the market pricing mechanism is based on supply and demand. Because there are such large trade flows within the system, it is difficult for rogue traders to influence the price of a currency. This system helps create transparency in the market for investors with access to interbank dealing.

A good forex broker should have a direct channel customer support system. In today’s financial trading world, having an instant response email, Call Me Back and Live Chat feature are very basic requirements. It is simply unthinkable that a broker who makes so much money from commissions and spread charges cannot afford to put in place such instant communication systems. So the best forex trading brokers for beginners are those who provide a means of instant and fast communication.
Suppose a trader buys 1,000 shares of BP (BP) at $44 per share and simultaneously writes 10 call options (one contract for every 100 shares) with a strike price of $46 expiring in one month, at a cost of $0.25 per share, or $25 per contract and $250 total for the 10 contracts. The $0.25 premium reduces the cost basis on the shares to $43.75, so any drop in the underlying down to this point will be offset by the premium received from the option position, thus offering limited downside protection.
Forex illustrated provides reliable and independent information about foreign exchange market. Our aim is to offer insightful and useful analysis of the best tools and learning materials for mastering the skills of trading in a productive, fun and fast manner. Starting from different currency trading strategies to honest broker reviews and much more.
Pips – Pips are the smallest increment that currency pairs can change in value. A pip refers to the fourth decimal place of an exchange rate, but bear in mind that some pairs that include the Japanese yen have their pips on the second decimal place. For example, if the EURUSD pair rises from 1.2050 to 1.2057, this would equal an increase of 7 pips. On the other hand, if USDJPY rises from 110.35 to 110.42, this would also equal an increase of 7 pips.
With over 50+ years of combined trading experience, Trading Strategy Guides offers trading guides and resources to educate traders in all walks of life and motivations. We specialize in teaching traders of all skill levels how to trade stocks, options, forex, cryptocurrencies, commodities, and more. We provide content for over 100,000+ active followers and over 2,500+ members. Our mission is to address the lack of good information for market traders and to simplify trading education by giving readers a detailed plan with step-by-step rules to follow. 

The option holder is going to profit if the premium he paid is less than the amount gained by selling the stock above the market value at the strike price. From the option writer’s perspective, if the stock price is above the strike price, then the option is “out of the money.” This means that the option will expire worthless. Therefore, the option writer will keep the premium paid to him by the option holder. The writer will not have to pay the holder anything if the option expires.


The MT5 is the next level platform in the MetaTrader platform series. While it retains many features of the MT4, there are some enhancements and outright changes that have been included. There is still a lot of confusion as to what Metaquotes really wants to do with the MT4 and MT5. Initially launched as a replacement for the MT4, the MT5 has found it hard to achieve the kind of market penetration that the MT4 got. So Metaquotes seems just content with allowing retail brokers run along with both platforms. Some forex brokers have tried to push the usage of the MT5 by only allowing certain trading assets on the MT5. So it is not surprising that you will see some brokers offering only stock CFDs or cryptocurrencies on the MT5 platforms they offer.
If the price of the underlying increases and is above the put's strike price at maturity, the option expires worthless and the trader loses the premium but still has the benefit of the increased underlying price. On the other hand, if the underlying price decreases, the trader’s portfolio position loses value, but this loss is largely covered by the gain from the put option position. Hence, the position can effectively be thought of as an insurance strategy.

Being devoted to learn and study and expand the knowledge about this market has shown as the most important factor. People usually take this for granted and use this market as a gambling game that led them to the serious loss of money they invested. This is why the dedication and effort you make is crucial to get the profit. Analyzing the opportunities and reasonable predictions are also key factors that will make you a serious and good trader. By expanding your knowledge and experience, you will definitely be able to increase your profit.

Notice that we have mentioned the fact that a lot of trading will have to be done, both on demo and on a live account. So traders will have to understand the kind of platforms that they will need to use in order to get a lot of learning from those platforms. This article describes the forex trading platforms that beginners will need to use to take their skills to the next level.
This Forex Trading for Beginner’s Guide will give you all the information you need so you can start trading Forex. You’ll learn what forex trading is, how to trade forex, how to make your first trade, plus our best forex trading strategies. By the end of this guide, you’ll be equipped with the right knowledge to tackle the world’s largest capital market. As a bonus, we’re also going to reveal the best forex trading platforms.
A year or so later I ran across an article about Richard Dennis and the 'Turtle Traders'. I realized: a) people do make money doing these things, b) anyone can learn the methods, c) and there are experts out there who are willing to share their knowledge. I started looking for a good book again and almost immediately found Anna's books. Forex for Beginners was so cheap and the free sample indicated it would be an easy read. Halfway through, and also after reading comments about it on several forums, I was sold on VPA. I decided to re-open my FXCM practice account and try some of her recommendations, then read the next book (A Complete Guide to Volume Price Analysis) while waiting for my account to fund. She recommends not using a practice account for anything more than learning the interface, for several reasons: real money is more meaningful and lessons stick better, the practice account feed is usually not a real live feed even if they say it is, and the practice feed won't show you the sudden spikes in the spread caused by your broker sometimes taking advantage of a fast moving market. Forex for Beginners was very helpful in explaining how the different types of forex brokers' operations can work against your interests if you have the wrong type of broker, and how to find the right type so you're not betting against the house.
Being devoted to learn and study and expand the knowledge about this market has shown as the most important factor. People usually take this for granted and use this market as a gambling game that led them to the serious loss of money they invested. This is why the dedication and effort you make is crucial to get the profit. Analyzing the opportunities and reasonable predictions are also key factors that will make you a serious and good trader. By expanding your knowledge and experience, you will definitely be able to increase your profit.
Most Forex books are 90% background fluff and basic encyclopedia knowledge found for free online and about 10% strategy of only theoretical value. In other words, most books are scams with ~20 reviews presumably written by the author and his friends. This book is 90% specific practical guidlines and only about 10% on the basics or Forex. The Volume-Price Analysis Couling explains, (VPA), is working for me consistently - since I bought the book I'm profting about 1% of my account value per day on 2-3 trades a day. I'm shooting for 10 pips a day profit and keeping my risk limited to 1% of my account, and Couling's VPA is working beautifully for me.... doing 1-2 trades in the day of EUR/USD and 1-2 trades at night with USD/JPY. I'm scalping off the one minute charts, using hourly and daily charts to set the stage. I'm playing it very conservatively because I've been disappointed with several other strategies, but I can tell you that the more indicators you are using and the more clutter on your charts, the less likely you will succeed, IMO. Price and volume tell it all. In some sense Couling's emphasis on volume is a rehash of classic tape reading from the 1930s and she reminds me of how Nick Darvas simplified a practical strategy, but the essential contribution here is applying these stock trading compasses to Forex. Many Forex traders have too much "knowledge" and will be more profitable using volume alone instead of bands, oscillators, signals, macd, moving averages, etc. This is a quality book.
Reward/risk: In this example, the trader breaks even at $19 per share, or the strike price minus the $1 premium received. Below $19, the trader would lose money, as the stock would lose money, more than offsetting the $1 premium. At exactly $20, the trader would keep the full premium and hang onto the stock, too. Above $20, the gain is capped at $100. While the short call loses $100 for every dollar increase above $20, it’s totally offset by the stock’s gain, leaving the trader with the initial $100 premium received as the total profit.

Develop your trading skill set with Bizintra and learn to consistently place intelligent trades with confidence. Bizintra believes that if you wish to trade live you need to be taught in a live environment - complimented by on-demand videos, daily trading signals and access to live traders at the times you need them. Bizintra provides the live education and support for you to become a confident trader. 
Once you know what category of training you seek, you need to decide on whether you want free education or are happy to pay for the knowledge. If you have a lot of time and are fairly new to forex trading then your best bet is to undertake as many free courses as you can to build up your general knowledge and find out what specific areas you would like to focus on.
Suppose a trader wants to invest $5,000 in Apple (AAPL), trading around $165 per share. With this amount, he or she can purchase 30 shares for $4,950. Suppose then that the price of the stock increases by 10% to $181.50 over the next month. Ignoring any brokerage, commission or transaction fees, the trader’s portfolio will rise to $5,445, leaving the trader with a net dollar return of $495, or 10% on the capital invested.
Courtney Smith begins How to Make a Living Trading Foreign Exchange with an introduction to the world of forex that explains how the market works. But most of this 2010 work is devoted to making money, offering six strategies to earn a steady income by trading. He also provides important risk management techniques as well as material on the psychology of trading. It includes an explanation of Smith's unique "rejection rule," a strategy designed to double the profit generated from basic channel breakout systems.
Options on stocks and exchange-traded funds (ETFs) have no base commission and require a $1 per contract fee when opening a trade ($10 maximum per trade “leg,” which is a trade that takes place in an order with more than one component). There is no commission to close an option position. Options on futures cost $1.25 per contract to open and $1.25 to close.
BWorld is an online brokerage firm that offers various services through the company’s wide range of experience and knowledge. We give our clients the best value of service as we continuously provide cutting-edge technologies that can be used to master the rapidly growing and volatile industry. Bworld is a customer-oriented, dedicated company, determined to aid in advancing our clients and help them become the best traders that they can be. The company also aims to deliver consistent and insightful data analyses for all trading conditions, while offering excellent customer services along with professional and carefully chosen brokers that will help secure success in the financial industry.

An excellent eBook reader should be set up. It'll be helpful to have a great eBook reader in order to have a great reading experience and high quality eBook display. You can also make use of complimentary software that could provide the readers with many functions to the reader than only an easy platform to read the desirable eBooks. You can also save all your eBooks in the library that's also provided to the user by the software program and have a great display of all your eBooks as well as access them by identifying them from their particular cover. Besides offering a place to save all your valuable eBooks, the eBook reader software even give you a high number of features to be able to enhance your eBook reading experience than the conventional paper books. You can also enhance your eBook reading encounter with help of choices supplied by the software program for example the font size, full display mode, the certain number of pages that need to be shown at once and also change the color of the background.

Past performance is no guarantee of future results. Any historical returns, expected returns, or probability projections may not reflect actual future performance. All securities involve risk and may result in loss. While the data Ally Invest uses from third parties is believed to be reliable, Ally Invest cannot ensure the accuracy or completeness of data provided by clients or third parties.


Forex is the market of the world’s currencies. Being an over-the-counter market, there are no centralised exchanges like in the case of the stock market. Instead, currencies are traded during various Forex trading sessions that span from Sydney in Australia, to New York in the United States. Forex traders buy a currency if they anticipate that its price may rise, and short-sell a currency if they believe its price could fall, making a profit from the difference in the entry and exit price.

All currency pairs that involve the US dollar as either the base or counter-currency are called major currency pairs. They include the EURUSD, GBPUSD, and USDJPY, to name a few. Currency pairs that don’t include the US dollar, but include the remaining seven major currencies, are called cross pairs. Examples of cross pairs are GBPJPY, GBPAUD, and AUDNZD.


Trading involves substantial risk and there is always the potential for loss. All content on this website is for educational and informational purposes only and is not trading, investment, or medical advice. You should be aware of the risks associated with trading and seek advice from an independent certified financial adviser if you have any doubts. Some links on this page might be affiliate links, where we get a small commission if you purchase through the link. It doesn't cost you anything extra and we only recommend products that we absolutely love. This site uses cookies and using this site means that you agree to the use of cookies.
There are actually three ways that institutions, corporations and individuals trade forex: the spot market, the forwards market, and the futures market. Forex trading in the spot market has always been the largest market because it is the "underlying" real asset that the forwards and futures markets are based on. In the past, the futures market was the most popular venue for traders because it was available to individual investors for a longer period of time. However, with the advent of electronic trading and numerous forex brokers, the spot market has witnessed a huge surge in activity and now surpasses the futures market as the preferred trading market for individual investors and speculators. When people refer to the forex market, they usually are referring to the spot market. The forwards and futures markets tend to be more popular with companies that need to hedge their foreign exchange risks out to a specific date in the future.
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