Introduction To Forex Trading
Home Next lesson Well this is the first lesson you are going to learn. So I think it is important to know the basics of Forex. Let's see what is Forex? Forex or foreign exchange market is the largest financial market in the world which exchanges more than 3 trillion of dollars per day. When comparing with New York stock market Forex is a huge member of financial markets. Let's see what are you going to trade in Forex market? As you know you can buy a house for 1000$ and then you can sell it for 1250$. The profit is 250$. In that business you bought house physically. Same thing is happening in Forex market as well. You will buy a currency (actually currency pair) and you will sell it once the price increased. The exception is in Forex you will not buy any currency pair physically. You only invest and looking for price movements and sell when you got profit. Well now you will ask why you should learn Forex. Why can't I start it just now? Yes you can start just now. But I