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Of course,you have to be familiar with the terminologies before getting involved in forex trading,a trader needs to learn that first before practising in the demo account too,i would still stand on my ground that forex trading is not a get rich business,if it is,so many investors would have been successful in itThe very first time I heard of Forex, I thought it was a quick way to make money as long as the Forex Trader starts with large funds but I've come to realize that Forex Trading isn't a quick way to make money because it requires time to study that newbies even have to start with a Demo Account in order to understand how the whole process works. Also, there are certain terminology which forex traders have to be familiar with before making trades.
Yes, if it is not dependent on luck then all would have been rich. are you rich with forex trading? do you see rich forex trader posting in forums to earn cents? that two questions answer says it all. it is not easy with forex to make money. if you want to prove me wrong, show me examples of people who got rich from forum bonus![]()
Most at time i do ask my self this question is forex trading a get rich quick program?perhaps looking at the other side most people to make up to 100 dollar per day from trading forex perhaps some people don't even make a single pips.so please friends share you own idea.