The Foreign Exchange market, also referred to as the FOREX is the largest financial market in the world, with a volume of over $4 trillion a day. Here you don't need any customer, employee and you don't need to decide which days you wish to work. Here, you are the boss and work through home, workplace, during vacation or anywhere else in the world as long as you have a high-speed internet connection. About the job security harassment or any other employment related anxiety we don't need to worry. You are your own boss. As Forex trader can potentially earn BIG PROFITS in every single month, week, or day but of course if you are poorly trader can suffer BIG LOSSES as well. The simple an
swer here in financial market is money. In financial market, trader is the simultaneous buying of one currency and the selling of another. Currencies through a broker or dealer.
For example the euro and the US dollar (EUR/USD) or the British pound and the Japanese Yen (GBP/JPY).Because you're not buying anything physical, this kind of trading can be confusing. Think of buying a currency as buying a share in a particular country. When you buy, say, Japanese Yen, you are in effect buying a share in the Japanese economy, as the price of the currency is a direct reflection of what the market thinks about the current and future health of the Japanese economy.
Until the late 1990's, only the "big guys" could play this game. The initial requirement was that you could trade only if you had about ten to fifty million bucks to start with! Forex was originally intended to be used by bankers and large institutions - and not by us "little guys". However, because of the rise of the Internet, online Forex trading firms are now able to offer trading accounts to 'retail' traders like us. All of this i get from babypips.com and for the further reading u can visit that website by click the title.
swer here in financial market is money. In financial market, trader is the simultaneous buying of one currency and the selling of another. Currencies through a broker or dealer.For example the euro and the US dollar (EUR/USD) or the British pound and the Japanese Yen (GBP/JPY).Because you're not buying anything physical, this kind of trading can be confusing. Think of buying a currency as buying a share in a particular country. When you buy, say, Japanese Yen, you are in effect buying a share in the Japanese economy, as the price of the currency is a direct reflection of what the market thinks about the current and future health of the Japanese economy.
Until the late 1990's, only the "big guys" could play this game. The initial requirement was that you could trade only if you had about ten to fifty million bucks to start with! Forex was originally intended to be used by bankers and large institutions - and not by us "little guys". However, because of the rise of the Internet, online Forex trading firms are now able to offer trading accounts to 'retail' traders like us. All of this i get from babypips.com and for the further reading u can visit that website by click the title.
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