Long/Short and Bid/Ask Spread In this part, we want to talk about several jargons used in forex trading, Long/Short, and Bid/Ask Spread. Basically, these are related to buy or sell decision. If you are buying, which means you are buying the base currency and selling the quote currency. (We learnt this in the previous post), [...]
Base and Quote Currencies
Forex Illustration – Base and Quote Currencies We have explained earlier that Forex is essentially buying one currency and selling another. Just like the stock market, the buying and selling mechanism in forex market is simple. Anyone should be able to pick up quite quickly. Similar to stocks, you exchange one currency for another in [...]
Forex Trading Regulations
Forex Trading Regulations – Where the Trend is Going… Currency or forex trading was very much an entitlement or privilege of corporations and banks until the 1960 – 70s when things start to evolve. Now, even the man on the street can trade forex easily. You may wish to understand a little bit about the [...]
Forex Trading History
For those who are not only interested in forex trading made easy tutorials but the history of forex trading, here is a chronology of the forex history marking major events that took place: 1913 – US Congress created the Federal Reserve System 1933 – Congress passes the Securities Act of 1933 to counteract the 1929 [...]
Benefits of Forex Trading
Here at ForexTrading-MadeEasy.com, we list down the reasons why people are trading with forex. 1. No commissions There are no clearing fees, exchange fees, brokerage fees and government fees when you do forex trading. 2. No middlemen You interact directly with the market responsible for the pricing of each currency pair without going through any [...]
