Like any new venture when you trade foreign exchange markets for profit you need to be prepared, by learning the right skills to succeed. It looks easy but the fact is 95% of new currency trading accounts are soon wiped out but this is normally due to poor currency trading education and training, rather than an inability to learn to trade successfully.

Trading foreign exchange on the currency market, also called trading forex, can be a thrilling hobby and a great source of income. To put it into perspective, the securities market trades about $22.4 billion per day and the forex market trades about $5 trillion per day.