What is Forex Scalping

Forex Scalping means quick trading. In this method traders change their positions just for a matter of seconds, to a full minute and similar time like that. It can be called as long scalping If you take your position more than minutes.

What is Forex leverage

 

Forex leverage is works just like real leverage. I takes your power(money) and multiplies it with some number. Forex Leverage multipies your money with 20 to 400 times, this level depends on your forex company.

What is Forex Pip

PIP: Forex pip comes from shortened version of Percentage in Point. Forex pip is the smallest unit of price that is traded on a currency market.
Most of currencies are traded to four decimal points, so that a pip is 0.0001 or 1/10000 of a dollar. It seems like too little amount of money. but you can earn with forex at this level. Because you will sell and buy too much pips.

What is Forex Scams

Forex Scam or forex fraud is a growing big problem. Anyone can be forex freaud, maybe someone your know or someone you never met before. Scammers gives you some idea to make your move with your money. Some scammers makes you take too much risk on forex market. Some scammers seems like real bir company, in reality they are not.

If you are new in forex market, be careful about that scammers. New starters always easy fish at this market. If you meet with scammer they can easily understand you are new.

What Is Forex

What Is Forex

Forex trading: its all about earning easy money. maybe you did go to exchange office for any reason, for example: you need to change money if you want to go to holiday to foreign countries. onet exchange rate changes day to day. Sometime your money can get higher to other countries money. sometimes your money can get lower.