What is Forex Trading ?
Forex trading is the trading of currencies of different countries. Forex is short for Foreign Exchange (Currency Exchange). An example of forex trading is the buying of the Euro (European currency), while simultaneously selling USD, can be abbreviated to EUR/USD.
The Forex Market
In contrast to traditional markets. Because here are traded are currency, then its market (where the traders/market participants do the selling) is called with the forex market. Anyone this forex market? very diverse, could bank, large corporations, countries, institutions, speculators, etc.
Given the scope and the culprit that forex trading market worldwide, it looks to be very interesting. Why? Because it makes the forex market the most money market being great, and very liquid. Value Plus this makes the forex market is open 24 hours non stop, so we can trade anytime, we customize with our spare time.
Unlike traditional markets, the forex market has no physical location in particular, almost the majority now is done through a network of electronic perdaganan. So the transaction process can happen quickly and in great abundance. With the development of internet technology it will greatly facilitate for individuals new to trading forex online.
The Purpose Of Forex Trading
Market conditions and prices in forex market moves with very dynamic, can change rapidly, in response to the events be it economic, political, war, disaster, etc. Especially for countries with advanced economies and there is a little bit strong, sensitive information, then the price of its currency could move up and down.
This by traders was seen as a chance and opportunity to do trade. So simply put, forex trading goal is to gain profit from the rise and fall of currency exchange rates.
Forex Trading Opportunities
The Internet has made an awful lot of revolution in world trade, including a very strong influence in the world of forex trading. With the internet, and now forex can be done by anyone. If it used to only be done by big players only (banks, State, institutions), so now everyone can be trading with forex brokers popping up more and more retail and online. You and I can online forex trading easily and with little capital. Even to try the simulation is also very easy, that is, with trading with a demo account of the broker.
Forex Risk
Forex is like a double-edged sword. With forex can make us quickly became rich, but the reverse is in an instant can also spend our capital. No matter whether you consider a forex investment or as an ordinary trade forex, which obviously has a high risk factor. So to understand the true risk in forex and not to misstep
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