"Forex, forex trading, forex earnings, Forex: Work for yourself, open your Forex Account, Forex from $ 1 - yes, that ads touting the forex market is no shortage, no doubts - this is just a small list of what google posted on my blog. And why? - Yes, because the popularity of trading in financial markets is growing like a snowball coma. Indeed, the Forex market can earn money without leaving home - about this broadcast without exception, brokers and dealing centers. But that's not specifically say that this has badly over a work and "plow" every day. But this thing, everyone came back to the Forex, is beginning to understand pretty quickly.I do not want this article to talk about what to do in order to earn on Forex, but just want to answer the first question to start asking many first saw the headlines broadcast on forex earnings. Especially because I'm in a blog post about it as a silent ..."What is Forex?" - Is the international currency market (FOReign EXchange) In this market, it is easy to understand from the title, perform various operations with currencies. Exchange rates are currently floating, like earlier this year for one euro was given 1.48 dollars, and now 1.55. But not always, foreign exchange rates were floating.In July 1944, in the town of Bretton Woods in the U.S. 44 States created the International Monetary Fund (IMF). This international organization was designed to monitor the balance of payments of its member countries and exchange rates of their currencies. The basis of these agreements was to establish a system of fixed exchange rates. Anchor for this system was gold. Was determined by 1 ounce of gold at 35 U.S. dollars. Currencies of all other countries were pegged to the dollar at a fixed rate. For example, the pound was worth $ 4.8, while the Japanese yen - 360 yen per $ 1. (Feel the difference with today's exchange rate).
Despite the fact that this system worked well in the 50's and early 60's to early 70's she began to falter, and in 1971 was canceled. From this point on in the world uses a system of floating exchange rates. In this case, the value of a currency was determined by market conditions and, primarily, the condition and level of economic development. Strictly speaking, FOREX is not a "market" in the traditional sense. He has no specific place of trade, such as the Stock Exchange. Trading operations on Forex are performed 24 hours a day, 5 days a week.
With the development of Internet and computer technology, internet trading became available, millions of people. Significantly reduced the entry barrier to this market - the minimum initial deposit, Set as this market is available to private investors. Some centers offer dillingovye Forex trading with a deposit of $ 1. Big money from the deposit and the $ 10 you will not earn - but try the trading system in such accounts without problems, and initial experience available ... Can I earn on Forex - yes you can, and you can earn big money. But one should always remember all coming to the Forex - a great return always mean big risk!. Therefore, if you want to double the deposit of each month - hardly able to correctly follow the rules of capital management, which ultimately can lead to loss of money, not their augmentation.
If you have just arrived in Forex, I advise you not to rush immediately to the real. For a start we learn about at least some basics of technical analysis, read the relevant literature, try your hand at the demo account, and only then for real! And then, in the early thinking on the micro-real. Choose you a few tools and explore them in detail - be it currency pairs on Forex, futures, indices or stocks. Trading tools here so that "the head can whirl round in circles." Do not hurry and all you get.