I'm into forex trading for almost six years now but not that active anymore. During my first 3 months I trade everyday Monday- Friday. You need a total focus and constant study on every countries economics that interest you. A lot of work from analyzing, doing a graph, comparing and studying again to make sure it is good enough and to avoid mistake not to loose. Lucky for me during those days I lost only twice, I lost because I have the doubt on my study and I believe to other trader prediction. I learned my lesson from that lost, not to rely on others prediction and believe in your self and what you have studied. That's the advice I gave from the person interested in forex and try to learn from me.
The forex trading system involves buying and selling foreign currency. Unlike the stock market there is no fixed market for the forex trading system. A good and effective forex trading system allows the traders to transact easily and provide more chances to increase the earnings. Forex, foreign exchange market, is a market place where a currency of one country is sold for another country's currency for some profit. Currencies are traded in pares, like, US Dollar and Japanese Yen or US Dollar and Euro.
Foreign exchange tradings are a great money making opportunity for those who know their way around, for newbie it's a dream world where they either fall hard, sail well or fly high, its not easy to be a successful trader in the forex trading system., it's a mix of luck and experience that must work to find success. There are a lot of companies and individuals over the internet and offline willing to help you earn money from the forex trading system but only a handful of these are true and can actually help.