Learn Forextrading with our facts!

If you are a beginner, it is important that they understand how the Forex market works and what the individual terms mean. It is also important to understand how you can distinguish good brokers from less good brokers.

We are trying to explain these things to you. What is important is learning, learning, learning. And practicing, practicing, practicing. You can practice very well with a testaccount. At first, it was confusing for me how the course of the currencies flopped around. I also did not understand why courses strongly react. It is useful to open a trading account only after a long period of practice. There is something different when you trade with their real money. There is also a difference in how the real account responds.

You need to be aware that you should never be greedy or light-hearted. Whoever becomes greedy loses his money in the end. Getting rich quickly with trading? Not possible, I say. Constant profit? Yes, that is possible. But you will suffer losses again and again. Release and end a losing trade and restart. Waiting for chances. This is also very important. The successful trader does not have to have permanent trades. He is waiting for opportunities.

You also need to think about how you want to trade. Daytrading? So every day? Or long-term oriented?

We try to give answers here and are aware of it. That there are many questions and we are not omniscient. But for the beginning, we can explain things.

So let's start and learn!

I wish you success

Gerd Rehfeldt