Forex Trading - TradeMentor - Chapter 1

Tom Hougaard explains the basics of Forex trading, how FX is used in global commerce and essential currency trading terms such as pips, spreads and leverage.

Introduction
Foreign exchange trading is not only the largest market in the world, with a daily turnover in excess of 3 trillion dollars. it's also the fastest growing traded market amongst private traders and speculators.

We'll be looking briefly at the history of FX, how it's used in the world of global commerce and tourism, but most importantly we want to show you how foreign exchange trading works, the terminology behind foreign exchange trading - but most importantly, how you go about placing your trades.

Find more educational videos and complete forex and CFD trading course on:
http://www.saxobank.com/education/tradementor/lessons

Category:

Education

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• currency pairs
• currency trading
• daytrading
• education
• forex trading
• fx
• pips
• tom hougaard
• trading