Explanation Introduction to Forex

Explanation Introduction to Forex : This is the explanation for lovers Trading, FOREX stands for foreign exchange. Forex trading is the trade in the currency of the country that are different from each other. The market is also often called the foreign exchange market, becoming one of the financial markets that operate 24 hours nonstop. In this business, one can easily suddenly rich while positive currency movements. However, as usual the business world, the foreign exchange market (forex) is also not spared from the risk of loss.

Do not play play, money is spinning in the forex market to reach U.S. $ 5 trillion per day (survey BIS - Bank for International Settlements - In the month of September 2008). The number is 40 times greater than the velocity of money market futures or stock market in each country by any stock exchange.

Frequently traded currency is the currency of developed countries such as U.S. Dollar (USD), Japanese Yen (JPY). Swiss Franc (CHF), British Pound (GBP), Australian dollar (AUD) and the Euro (EUR). All these currencies are traded in pairs partner (usually called Pair), for example, EUR / GBP, USD / JPY, and so on.

Where profits forex? Profits derived from the difference between the purchase price and the selling price of a currency of a country. There are many large investors who share in this business, but it still makes chance width for small investors with capital of only 1-5 ​​million. Even now only be able to join tens of thousands of forex trading.

Here you will be led to trade forex safe and profitable. Through market analysis techniques, good risk management, and financial management professionals, which will be explained in this blog. Will undoubtedly lead you to become a winning trader.

2 comments:

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