What Is Forex Trading And Is It Right For Me?

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There are very few investors who have consistently made massive fortunes over a while.

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Everyone is familiar with investing in stocks, gold, or real estate. But forex trading has always been shrouded in mystery.

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What Is Forex Trading?

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Forex trading refers to the foreign exchange markets where investors and traders worldwide buy and sell one currency for another.

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Forex Trading Terminology

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Traders frequently trade currencies by selling one currency and buying another. Forex trading always involves the exchange of currencies in pairs.

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PIP You might have noticed the forex quote has four places to the right of the decimal. The smallest price change that a given exchange rate can make is the pip.

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What Is Forex Trading And Is It Right For Me?

There are very few investors who have consistently made massive fortunes over a while.

Everyone is familiar with investing in stocks, gold, or real estate. But forex trading has always been shrouded in mystery.

What Is Forex Trading?

Forex trading refers to the foreign exchange markets where investors and traders worldwide buy and sell one currency for another.

Forex Trading Terminology

Traders frequently trade currencies by selling one currency and buying another. Forex trading always involves the exchange of currencies in pairs.

Currency Pairs

PIP You might have noticed the forex quote has four places to the right of the decimal. The smallest price change that a given exchange rate can make is the pip.

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