The word ‘forex’ simply means Foreign Exchange. It is the activity of excganging money from one currency to another. Differnt from spot market like stocks, forex doesn’t involve any goods, phisical or representative. Forex operates through buying, selling, and exchange between many different currencies from different countries.
If you are new to forex trading, you probably wonder why someone can be a successful trader. Some of you might think that they are may be start with a lot of money and use expensive tool or high-end charting software. I just want to ensure that those are myth.
The key of sucessful trading in forex market is the discipline, consistency and emotion. If you new or still learning to make money from forex trading, the first thing you might do is to open a demo account. With demo account you can try to trade in a real market, but without losing money. Search for a broker with good reviews and try to find a forex brokers with bonus if you want to trade with real money.
Forex bonus can help you to trade with bigger margin, so it will help you to hold position longer.