However, you can make an educated guess, much the same ways a meteorologist forecasts the weather. While he or she is not right 100% ofthe time, the forecast is usually quite close to the actual outcome of theweather because the meteorologist is a scientist who has studied weather trendsand can pick out details that assist in making that educated guess. With alittle time and seasoning, you can attain the same level of experience andintuition within the stock market.
Once you have become more comfortable functioning inthe same world as the stockbrokers and day traders, and you feel confident (orat least less nervous or awkward) making such important financial decisions,you may decide to make your move toward the Foreign Exchange
Market (more commonly known as Forex), and the goal of this article is to prepare you to operate within the boundaries of this more complexentity. Next, we will discuss some of the properties of Forex and how much morecomplex this stock market entity can be than a standard domestic market.
The Foreign Exchange Market is incredibly volatile,and there are a lot more factors to consider when placing an order on this market than on a domestic market. The next article is an introduction to the exciting and somewhat scary world of the Foreign Exchange Market, or Forex.
To be continue..........