Thread: Need some guidance for Forex exchange?

I want to invest in Forex exchange.But i have not very good knowledge about this business.Can any body guide me?

Until recently the currency trading market was the private privilege of banks and other large financial institutions. It just requires you to have an Internet connection. The Foreign exchange is where trading and investing is facilitated and the big reason the foreign exchange market is necessary is because of the varied types of currency in the world; the Pound Sterling Euro the US Dollar etc.

• Set up your accounts and your office
• Connect with research and trading services
• Plan and research trades carefully and thoroughly
• Comply with regulations issues and tax requirements
• Leverage limited capital
• Cope with the stress quick-action trading
• Sell short to profit from price drops
• Evaluate your day-trading performance
• Use technical and fundamental analysis
• Find entry and exit points
• Use short-term trading to establish a long-term portfolio