Have you ever wanted to buy and resell something in the hopes of making a profit? If you change that something to currencies, then youre in the world of forex trading.
Forex trading is what you participate in in the forex market. Now, the forex market, also known as the forex exchange and FX for short, is the worlds largest financial market for exchanging national currencies such as the Dollar, Pound, Rand, Chen, and the list goes on.
Trying to navigate the waters of the forex market can be especially daunting when youre a new trader. However, with a bit of research and an understanding of currencies, you should have a good amount of information at your disposal to start trading.
This article aims to shed some light on these topics for you so that you can make informed choices:
A play-by-play of forex tradingRight, so you are new to trading; you have been asking yourself what forex is and you dont know where to start.
