Learn Forex Trading with new tutorial site

Released on: March 7, 2008, 4:50 pm

Press Release Author: Ocomoc

Industry: Financial

Press Release Summary: Before diving into currency trading, investors should take
the time to learn how to properly trade forex

Press Release Body: forex-trading-school.com is an easy way to learn forex trading.
The site is broken down into 5 tutorials. In the first section, \'Learn Forex
Basics\', the fundamental concepts of the foreign exchange market is discussed.
Specifically, it describes currency pairs, the role of pips in pricing, initial
margin, maintenance, margin, and leverage. The \'Learn Forex\' section also provides
a very handy example of a trade, and what it would look like on a computer screen.

The second tutorial, \'What Moves Currency Prices?\', details the factors that produce
changes to currency values. It provides a succinct lesson on macroeconomic factors -
such as national budget, inflation, GDP, and balance of trade. This section also
briefly touches subjects like market psychology and political influences.

In lesson 3, the website delves into market participants. It begins with an intro to
the major forex players - such as the \'interbank market\' and central banks. It then
quickly moves on to describe the 2 classes of typical trading speculation. Most
large investors will trade forex through hedge funds, while smaller investors will
typically use a retail forex broker.

The 4th and 5th lessons may be the most helpful in learning forex trading. The 4th
section is a small tutorial explaining the various market opportunities for trading
currency. Most people probably don\'t realize that currency trading can be done
through so many mechanisms - spot forex, futures, options, or ETFs

The 5th, and perhaps most useful lesson, really isn\'t a lesson at all. It is
actually a couple of handy checklists that every trader should have nearby when
finding a broker. The first checklist is basically a series of \"should haves\" -
things the broker should have like insurance and regulation. The 2nd list is 9 tips
for avoiding fraud. This list is provided by the CFTC, the US government regulatory
agency for futures and forex.

The site also has 3 handy tools. The real time forex quotes utility allows traders
to see up to date currency pricing. The Simulated Trading software lets users try
their hand at forex trading without using real money. The top 10 forex websites
provides a handy list of links that will be valuable to any investor learning forex
trading.

Web Site: http://www.forex-trading-school.com

Contact Details: PO Box 2851
Lake Tahoe NV, 89449
(888) 676-2479

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