What Is Forex Trading And Is It Right For Me?

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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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Currencies rise and fall against each other depending on various economic and geopolitical news. If you can buy low and sell high, you can make a profit in forex trading.

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Because of forex’s global nature, the markets trade for 24 hours a day, five days a week. Forex markets are the most liquid markets in the world.

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The Major Currency Pairs are the four most heavily traded currency pairs in the forex market.

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The Minor Currency Pairs don’t include the U.S. dollar and are also known as cross-currency pairs.

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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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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?

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

Currencies rise and fall against each other depending on various economic and geopolitical news. If you can buy low and sell high, you can make a profit in forex trading.

Because of forex’s global nature, the markets trade for 24 hours a day, five days a week. Forex markets are the most liquid markets in the world.

The Major Currency Pairs are the four most heavily traded currency pairs in the forex market.

Currency Pairs

The Minor Currency Pairs don’t include the U.S. dollar and are also known as cross-currency pairs.

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.

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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