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If you stand on the verge of starting your investing or trading career, you should know that this is probably the best decision you have ever made. You are very close to have your money make money for you right now.
But, before the lucky wind of change will lift your sail, you still need to decide which way to go. In other words, you should choose the financial market that better fits your personality and investment approach.
What comes to your mind first when you hear or read about the incredible wealth?
Just a couple of centuries ago, it would have definitely been gold or jewelry, but everything has changed dramatically. Nowadays, fabulous wealth is associated mainly with oil. The importance of crude oil can hardly be overestimated as it is considered to be the most significant energy resource and financial instrument in the world.
We’re happy to share with you the best books about Forex trading, that will not only help beginners but also will give some valuable hints to experienced traders. Don’t forget to share it with your friends!
Dear FBS customers and partners!
UnionPay deposit method was changed on 23th of April, 2018. We created this article for you to avoid any mistakes in deposit process.
1. Log in to your Personal Area and click the "Deposit Funds(入金)". *Green button with characters "入金" in the top right corner of the page.
So, you want to become a Forex trader – be your own boss, trade currencies, make a lot of money. The natural question is “Where to start?”. We prepared a simple answer! Below you will find several steps which will form a short way to your financial freedom. Please note that every step contains a link that offers a clear explanation what to do.
Financial expert, Forex analyst and mentor Mr Reza Aswin works as an independent consultant and also provides financial analytics for FBS. He agreed to give an interview for our blog and share a few tips with our traders.
Edwin Shin is a successful trader and partner from South Korea, who started his trading career as a student and only in a few years became an example of success that can be achieved through trading.
At the moment of this interview Shin is 27 years old, lives in Incheon, South Korea, has a degree in Business marketing and a great acumen in finance. We asked him a few questions and he agreed to share some of his experience with us.
Nassim Nicholas Taleb is one of the finest original thinkers of modern era. He deserves all attention he gets as he made a bunch of money doing things that other people haven't done or haven’t even dared to do before.
This elitist, snooty rogue was born in 1960 in Amioun, Lebanon, a son of Dr. Najib Taleb, an oncologist and researcher in anthropology, and his wife Minerva Ghosn. His family rich and influential Greek Orthodox believers, a minority religion even in a country of minority religions. His grandfather and great-grandfather was deputy prime ministers, and his great-great-great-great grandfather was the governor of Ottoman Mount Lebanon.
Fear is a natural emotion that people face a lot throughout their life. And since Forex is still quite a risky business, many traders, both beginners and experienced ones, have to deal with their fears in trading.
Nowadays the Internet is full of stories of ups and downs, successes and disappointments in the Forex market. One can find a few dozens of such stories that fit every taste. But you have hardly heard the incredible story of astonishingly rich, a genius and a pioneer of commodity trading, Richard Dennis.
Dennis’ story is the type of stuff for trading legends that can still fire the engines of aspiring traders today. This guy was around 23 years old and he was reported to have borrowed $1,600 and turned it into $200 million in about 10 years trading commodities. By the time he was 26 years old, he was already a millionaire trader.
So called “Prince of the Pit” was born on the South Side of Chicago in 1949 in quite poor Irish-catholic family, where only father worked as utilities cleaner. Dennis became an order runner on the trading floor of the Chicago Mercantile Exchange at age 17. A few years later, he began trading for his own account at the MidAmerica Commodity Exchange, an entry-level floor where "mini" contracts were traded. To circumvent a rule requiring traders to be at least twenty-one years of age, he worked as his own runner, and hired his father, who traded in his stead in the pit. That’s how he got his moniker.
It’s not a secret that Forex market has incredibly changed over the past few decades. Technological evolution changed trading for good, but few know the people who stand behind this progress. Have you ever heard of Ed Seykota, a lustrous trader who brought IT solutions to Forex trading? His returns on capital compares to those achieved by Warren Buffett, George Soros or William J. O’Neil. He is among the trading gods with no doubt.
Edward Arthur Seykota was born in 1946 in the Netherlands, but at an early age immigrated with his family to the United States. His father tried himself as a stock trader and eventually became the first trading mentor for his son.
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