A great way to learn forex is by setting up a free practice account. You will be able to see exactly how the market works and learn currency trading in real-time markets with $50,000 in practice cash.
Speculating in foreign exchange is like speculating in the stock market. A currency will rise and fall based on the strength of its underlying economy. When there's a boom in Australia, the Australian dollar rises. Instead of earnings, you watch economic data, interest rates and trade.
Currencies rise and fall 24-hours a day and 5-days a week. If you learn forex, you will find out how to spot the trends and ride the wave of profits. Even small moves in currencies can generate huge returns and the market is always moving.
