Forex educating is not something that anyone is smart enough to do without. Forex education, whether you are brand new to the currency markets or have been trading for years, should be ongoing. Youll simply never know enough to stay ahead of the game, and should accept before you start that youll have to keep learning as long as you keep trading. Its a small price to pay, after all, for the potential returns that the Forex market offers to its savvy players.
And the advent of both electronic trading and the Internet have taken Forex education out of the hands of the financial movers and shakers, and made digital stock and currency trading as accessible to the masses as online banking. Anyone with a personal computer, Internet access, and the ability to read can get a sound Forex education.
A Look Back
A hundred years ago, even though the currency trading market was far from new, it was stable. Speculation in currencies was unheard of, and news traveled slowly. Deteriorating economic conditions in one part of the globe did not have nearly the same catastrophic effect on worldwide markets as they sometimes have today, and the relative value of...