How to become a millionaire with FOREX

The Foreign Exchange or FOREX is the largest market in the world. More money is traded on the FOREX in one hour than is traded on the New York Stock Exchange in one day. FOREX only has about 30 currency pairs vs. the NYSE's universe of thousands of stock offerings. How FOREX Trading works.

When you're playing the FOREX market there are two choices: buy or sell. The overall size of a lot is not relevant to trading FOREX accounts because you determine what price to put on a currency price move.

Setting up a FOREX account.

The are dozens of online FOREX brokerages. These brokers make trading FOREX simple fast and easy. FOREX interfaces can monitor your trades and even automatically place them for you. Develop a system of Expert Advisers.

Expert Advisers sound like people who tell you how to trade, but in reality they are automated trading programs that execute trade for you. Money Management

The easiest form of money management is to take your profits and move them into a separate FOREX account. Try a demo account for the FOREX. If you make money with the demo account, you will make money with a live account.