Let's Talk About Forex

Gaurav Decides to Become a Forex Trader

The other day one of my friends rang me up for sharing his decision with me:

- Hi, Manoj, how are you?

- Feeling amazing, I have just gained 1000USD in Forex market.

- Oh, my congratulations, that’s why I am calling you. I am eager to become a Forex trader like you. I possess 500USD and want to invest it and make thousands of dollars. So, I want your advice on which brokerage company to choose.

- I can advise you IFC Markets, a trustworthy company, but wait. Do you know how to trade?

- Yes, it’s simple. You invest money and get profit.

I couldn’t help laughing.

-Let’s meet and I’ll prove that it is not that much simple, my dear friend.

So, we made an arrangement at 7 o’clock in a cosy café to discuss the matter with a cup of coffee.

 Later in the café:

-So, you are interested in Forex trading? I asked

-Yes, and I am about to invest. What I need to do is to choose the proper broker and start my profitable business. I have a definite amount of money, opportunity to choose a broker and a wish to trade. What else do I need?

-You need much to know before starting this business. Let us meet every day and I will explain the basics of Forex trading to you.

-Agreed, thanks, my friend.