National Futures Association is a congressionally authorized self-regulatory organization of the United States futures industry. Its mission is to provide innovative regulatory programs and services that protect investors and ensure market integrity. NFA has prepared this booklet as part of its continuing public education efforts to provide information to potential investors. The booklet presents an overview of the retail off-exchange foreign currency market and provides other important information thatinvestors need to know before they invest in the off-exchange foreign currency market.
No part of this publication may be reproduced, stored, or transmitted by any means, including electronic, mechanical, photocopying, recording, or otherwise, without written permission from National Futures Association. The publication is designed to provide accurate and authoritative information in regard to the subject matter covered. While great care was taken in the preparation of this book, National Futures Association disclaims any legal responsibility for any errors or omissions and disclaims any liability for losses or damages incurred through the use of the information in the book. If legal advice, financial advice, or other expert assistance is required, the services of a competent professional person should be sought.
Trading Forex:What Investors Need to Know
[...] 4.Forex trading is very different from stock trading. It’s easier to name the similarities than differences. Buy and hold doesn’t work here [...]