WHAT IS FOREX TRADING AND IS IT RIGHT FOR ME?

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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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The Forex Quote determines the price at which you do the buying and selling.

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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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