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Base on the fact that the economy of so many countries are passing through hard time and melt down, lots of countries also are depending on importation and exportation. There is an increase in the rate of E-transactions and online trading (buying and selling) of goods and services both internationally and within the locality. As a result of this, there is a great increase in the flow of currencies which then brought out the need for foreign exchange.
Due to the universality of foreign exchange (forex) trade, there is need to understand the basic facts and terminologies in forex and not rush into it so as not to rush out base on regret as a result of loss. There is need to count the cost and gather knowledge of forex trading before dashing into it.
As a beginner in forex trading, there is a need to gather knowledge and learn more about forex before dabbling into trading in order not to bow in regret at the end of the period.
The purpose of this guide book is to help you discover some requirement of forex trading, prepare you for the journey of trading, expose you into some basic facts about forex, in order to be a successful trader at both short run and the long rubn in the forex market.
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