Trading forex is about trying to profit from currency price fluctuations.
As a South African forex trader, if you want to trade the world's major currencies, like the dollar, the euro and the pound, the easiest way to do this is by spread trading.
So how does this work? And how can you get started?
Read on to find out…
How to trade forex with spread trading
When you spread trad... ››› more
If you want to start forex trading, where do you start?
You need to know how forex trading works, how best to select trades and how to get a trading account up and running.
Read on to find out more…
Step one: How forex trading works
Forex trading involves trading different currency pairs. You can either opt to trade the rand against different major currencies or opt to trade inter... ››› more
The forex (or foreign exchange) market is the largest financial market in the world.
Instead of having to research a number of specific shares as you do with trading shares, with forex trading you need to understand how the forex market works.
This involves familiarising yourself with the world's major currencies and learning some simple trading strategies. Then you're ready to start forex... ››› more
By far, the foreign exchange (forex) market is the biggest financial market in the world.
Due to its sheer size and number of market participants, it's extremely liquid. And it offers you vast opportunities to profit from the moves of the world's currencies.
So how does the forex market work? And how can you trade it?
Read on to find out…
The ins and outs of the forex market
Wh... ››› more
If you're eager to start trading forex, where do you begin?
You have two ways to trade. You can use currency futures or you can spread trade forex.
Let's take a closer look…
How to trade forex with currency futures
If you want to trade forex, one option you have is trading currency futures through the Johannesburg Stock Exchange’s Currency Derivatives Market.
If you want to t... ››› more
You have a few options open to you to trade forex.
You can trade forex on the spot market. But if you don't want to use your offshore allowance and apply for the necessary clearance certificate, this option isn't for you.
Another option you have is to trade currency futures.
So what is a currency future? And how do currency futures work?
Let's take a closer look…
What are cur... ››› more
Once you've decided that you're going to trade forex, the next thing you need to work is how you're going to do it.
In South Africa you have three choices. You can trade forex through the spot market, currency futures or spread trading
Let's take a closer look at the spot market…
What is the spot market?
The forex spot market is a decentralised over the counter (OTC) market. It’... ››› more
Dear Trader
Today I want to introduce you to Lucky Skosana.
Lucky is one of the countries top Forex traders, and currently writes his own monthly pay cheques trading the Forex market!
In fact, a few years ago Lucky was a hot-shot banker making his way through the ranks where he eventually hit management-level! In the time he did this he was also teaching himself how to trade Forex.
L... ››› more
If you're looking for a way to generate substantial profits over the short-term, forex (or foreign exchange) trading is one way to do it.
By trading the world's currencies, you can nip in and out the market, hopefully making tidy gains along the way.
But how does it all work? Let's take a look…
How the forex market works
Unlike the stock markets of the world, which operate ‘normal... ››› more
Need to get your foot in the door in trading forex? A broker is your best bet if you're new to forex trading! He'll take you through all you need to know to gain your ground. But do you know what to look for in a broker? Today, we reveal three things you need to look for when choosing a broker…
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If you can spare 10 minutes over the next month you could make gai... ››› more
Trading and investing is difficult. But it's only tough if you don't have the experience.
That's why people rely on mentors to guide them through the markets, to help build that experience to improve their skills - especially if they're just starting out.
The thing is, there are tons of mentors out there... But only a handful of truly good ones...
And after a recent lunch conversation wit... ››› more
"Timon, how can I get into a Forex trade and not risk too much of my portfolio?"
Today I'm going to show you how you can get into each Forex trade and limit your risks at the same time.
Let's go… ______________________________________________________________________________________________________
On the 1st of March, 50 Forex traders mastered the art of trading with a 90% monthly s... ››› more
The Forex market is a $4 trillion per day industry where you're able to buy, sell, exchange and monitor currencies. In addition, it poses less risk than when trading futures. Read on to find out why so you can be part of the largest financial market in the world.
Forex expert, Timon Rossolimos says in Forex Fundamentals that he’d rather put his money into Forex trading than into futures.
... ››› more