Monday, June 25, 2012

What I learned from Mr. Mario Singh about Forex 101

Fear should be defeated by Knowledge to win the game of Forex Trading or any endeavor .
One's desire to change his current plight will enable the Impossible” Earn millions in Forex”
Every loss when learned as a lesson can be a stepping stone to one's success.

Trading one currency against another : Base against Counter Currency

  1. EURUSD - most traded worldwide
  2. USDJPY
  3. GBPUSD
  4. USDCHF
  5. USDCAD
  6. AUDUSD
  7. NZDUSD

Forex is trading 24 hrs x 5 days from Sunday evening to Friday with EurUsd trading more at 8:00 
EST. Forex is  more than 1.4 Trillion USD , much bigger than  NYSE, NASDAQ combined.