Are currency trading and forex trading the same?

forex discussion
Forex trading is currency trading. You simply exchange one nation’s currency for another in the hope of making money when the exchange rates change. The rates are constantly changing due to market news, national events, changes in values on a country’s stock exchange, etc. At the most basic level, imagine you exchanged some US dollars for British pounds. You might sell $1,000 to buy £650. Within a short time the rate changes in your favor so you change them back again. Now with the new rate you get $1,010 for your £650. You just made $10 or 1% of your investment. Open a demo account to start off currency trading The best way to get started finding out how forex works, is to do some reading online and then open…
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An insight into forex robot automated trading software

forex discussion
Robots have been showing up everywhere, from car assembly lines to air duct cleaning companies. Now there’s a robot designed to make you money. If you trade foreign currencies (Forex), you know that timing is critical. A Forex robot can take the guesswork out of this by automatically entering and exiting your trades at the right time. It couldn’t be easier. Using a robot to trade is like having a seasoned pro standing behind you, guiding the way, except, with a robot, it’s doing the trading, not you. You can be off doing whatever you like. Still, the trades will be entered and the profits will be made. Trading the forex can be very exciting and profitable. But remember, it’s a zero-sum game. For every winner, there’s a loser on…
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About automated forex trading – Using a robot software system

forex discussion
Forex robots are scripts which are coded with automated forex trading strategies. The best way to use forex robot software is to import these scripts into a forex platform such as the well respected MetaTrader platform. The forex robot will then automatically enter and exit trades for any time period specifed or even around the clock. The only downside is that you have to always leave your computer on. The other alternative is to have your forex robot hosted on your own virtual private server. Many traders chose to use forex robots as their sole method of trading, whilst others will use it as part of a larger overall strategy. Forex robots are essential trading software for many traders To really get an insight into how well an automated forex…
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How to forex trade forex – Trading tips for beginners

forex discussion
For those of you interested in learning how to forex trade, which is the trading of world currencies, if you didn’t know, you will need two things. The first thing you will need is a computer with a trading platform. You see, unlike other forms of trading where you can monitor and even put in orders for trades on the computer, because the Forex market has no actual trading floor, the computer and your trading platform, normally provided by your trading broker, is where you will execute your trades. The second thing you will need is a broker. This is the source that actually makes the trades for you. While you will put into action a certain trade, such as the British Pound versus the American Dollar, your broker is…
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