Forex; An Investment Guaranteed

It is now a well known fact that the forex market is the single largest Over-the-Counter market in the world with over $2.6 trillion daily turnover.The implication of this fact is that even a complete novice with professional guidance can make it big trading forex.
But before one gets into forex trading,there are certain things one must do, like picking the right broker,knowing the account sizes offered by the chosen broker,the funding and withdrawal options offered by the broker among other things.

Some brokers allow their clients to fund and withdraw using paypal,credit cards,e-gold and direct bank deposits or wire transfer.The leverage and spread offered must be taken into consideration too,as these can often be the diffrerence between profit and loss.

The newbie trader should also not sit and expect the pips(gains made trading forex are calculated in points or pips) to start rolling in,he must find whatever source for educating himself,www.babypips.com is the forex newbie's first and best port of call for his education and training.There, he will learn about both technical and fundamental analysis,key in analysing the markets and forecasting the prices which helps in determining a trader's entry and exit points.

There are news events that normally have a huge impact on the market,and a smart trader knows he has to be abreast with the latest tradeable news events.For the latest tradeable news events from the major economies like the US,Japan,The U.K,Australia and mainland Europe,visit www.forexstreet.com , and for an indepth discussion on forex,visit www.pipspro.com