Forex Learn to Trade is a game to learn to trade in the Forex market. "Forex" stands for "Foreign Exchange Market", that is the place where banks and other institutions facilitate the buying and selling of foreign currencies.
You will begin with 1000 dollars to play. You will then be able to buy currency, watch how its value floats, and sell it when you can obtain a reasonable benefit. The five currencies in this game ar USD (United States Dollars), EUR (Euros), GBP (Pounds Sterling), YEN (Japanese Yens) and CHF (Swiss Francs). Once you set an order to buy or sell, you can set the "Stop Loss" or "Take Profit" points. The program will then sell or buy currency when those points are reached. You will also be able to see the Pending and Close Orders. To display this game properly, your display must be set to 16 bits, otherwise the screen will appear only partially.
Pros
- It´s free
- It teaches you to trade
Cons
- It´s a bit boring
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A good forex system means you need to constantly have high probability trades. You also need to be aware of all the currency pairs in real time. This Forex website would surely help. http://www.forextradingsystemfree.info Remember, no system will be full proof, so be cautious about the claims some trading systems make. Good luck for Forex Trade.
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