Forex trading is a buy and sell of currencies. A person who makes the decision to buy or sell the foreign currency pairs then execute the orders either buying or selling the currency is a forex trader. To be a trader, first of all you need to register with forex trading firms, and you have to open a forex trading account with that broker firm and then deposit certain amount money or magin, then only you will be able to trade the foreign currencies with the firm you have registered. The process from the beginning is very easy. Anybody can be a forex trader, you don’t need certain standard or qualifications to be a forex trader. All you need is capital, a computer and internet connection to trade the forex market.
Forex trading is one of the few ways to make money online. If you want to have financial freedom, learning more about FOREX should be on the top of your priority list. You can acquire forex trading knowledge anytime by just getting it through internet for free. I would advise you join forex classes and if possible get a forex guru or mentor for personal coaching. Learning the forex trading by personal coaching will give you more exposure on the trades and also you can easily copy your mentor’s style of trading. The beginner traders must practice a lot, you can practice with demo account and spend very little of your money if you want to practice with the more real trading account, because you can start doing the trades even with $ 10.
