April 12, 2011

Part 1: Beginning Forex

Forex trading for individuals like you, as it is today, can mostly be done only on the Internet therefore, first and foremost you need to have access to the Internet. While it is of great importance that the connection is a high speed connection, it does not exactly mean that profitable trading cannot be done with a slow connection (but not too slow!) connection or from a cybercafé. It only reduces your chances of making the maximum profit and increases your chances of missing out on time dependent events.

Personally, I started trading from a cybercafé and was still able to make reasonable progress and raise money from my profits to get a better and more convenient Internet access.

So, with that settled, to begin Forex trading proper, you need to do a couple of things:

1. Register with a broker and Download their trading platform
2. Install the trading platform, sign in and start trading

Before I go ahead, I shall first explain to you what a broker is and what a trading platform is. Then I shall explain the relationship between you, your broker, your broker’s trading platform and the Forex market. Next I will show you how to register for a free account with $5 bonus, download the trading platform and learn how to trade using one of the most popular and possibly the best trading platforms available on the Internet today.

It is called Marketiva Streamster, it is undisputably the most popular trading platform among international forex traders), and it comes highly recommended by me.

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