Forex encyclopedia

Many Forex beginners don’t have any idea about what can help them to advance in trading. There are many secrets of successful Forex trading and the trading discipline is the most significant one. If you break the rules of your trading system all the the time, you can’t become a professional trader and achieve a success. Generally we define a discipline like a set of rules and methods of practice. Trading discipline is not an exception. Let's have a closer look at it. Many traders, especially newbies, believe that a commercial trading system is one of successful Forex trading methods, which can bring them a profit.
International exchange market (Currency exchange) — is the exchange, where operations on purchase and sale of currency take place between participants of the Forex market; Currency operations – contracts of participants of currency market on purchase and sale and settlement, conversion operations etc.; Currency rate (currency quote) — the price of currency unit of one country expressed in currency unit of another country. Open position – is the trade for purchase/sale, which is not closed and is present on market.
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Forex encyclopedia
Forex encyclopedia “Clever FX” is the unique service created by FreshForex to introduce world of Forex to traders. The main purpose is to share knowledge of experienced traders with novice traders in simple and convenient form. Every trader will be able to learn something new here. If you are a professional trader, we invite you to write an article for “Clever FX” and get reward. Let's write Forex history together!
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