Foreign Exchange Trading

eToro Forex trading guide

1. About this guide

The opportunity to profit

2. Cashing in on price movements

Bid/Ask

3. The trend is your friend

How do I identify a trend?

Fishing for trends

4. Leverage

Tactical usage of leverage

Minimal leverage

5. A simple trade example

Pre-trade actions

The trade

6. Hedging risks and rewards

Automatic stop loss

Stop loss

Take profit

7. The quest for volatility

Trading sessions

Abuse the news

8. Money management

Lose less than you profit

Size of trades

Practice with virtual money

Download forex e-guide

Market news

Trade

Open a practice account

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Trading in the Foreign Exchange market might carry potential rewards, but also potential risks. You must be aware of the risks and are willing to accept them in order to trade in the foreign exchange market. Don't trade with money you can't afford to lose.