FOREX INTRODUCTION EVERY THINKG YOU NEED TO KNOW BEFORE YOU START TRADING (LESSON ONE) 1) WHAT IS A FOREX TRADING >The word forex stande foreign exchange. in forex trading we exchange the rate of one currency against anather, >We profit forex trading by buying a currency when it,s low and selling it when it,s high >Forex market is the biggest financial market in the world with $5.3 Trillion profit per day >Forex market is open 24hours aday 5day a week
2) THE MARKET PARTICIPANTS >Governmets. and central banks are the biggast players in the market >Financial institution also provite huge volume to move the market >He dgers ara professional traders who protect companies from major loses whit doing foreign trades >Speculators are also professional traders whit expertise to predect the market and take high risks >Retail invectors are traders like me. and you. thinks the internet now we are part this huge market
WHAT IS A FOREX TRADING?
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