Learn Forex – The Essentials
Forex trading has is essentially trading on the rise and fall of foreign currencies in the foreign exchange market. Over $2.1 trillion US dollars of currency trades take place on a DAILY basis – its a truly massive market, with massive potential for savvy traders. Forex trading takes place 5 days a week, 24 hours a day and is a global marketplacea.
When you learn forex you’ll see that as a forex trader you choose a pair of currencies that you think will change in value against each other. You make a trade on which currency will become stronger or weaker and be how much. For example lets say you buy $1000 Euros for $1200 USD in the morning, and in the evening, this changes to be $1000 Euros for $1300 US, then you can sell back your Euros and make a $100 profit.
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