What is Forex Trading
Forex trading is the trading of currencies of different countries. Forex is short for Foreign Exchange (currency Pertukarang). An example of forex trading is the buying of the Euro (European currency), while simultaneously selling USD (currency), it can be abbreviated as EUR/USD.
The Forex Market
In contrast to traditional markets. Because here are traded are currency, then its market (where the traders/market participants do the selling) is called with the forex market. Anyone this forex market? very diverse: it can bank (main), large corporations, countries, institutions, speculators, etc.
Given the global scope and the culprit/world market/forex trading, this looks to be very interesting. Why? Because it makes the forex market the most money market becomes large (4T $/Hari), and very illiquid (can buy and sell with market prices regardless of the amount). Plus, this makes the forex market is open 24 hours non stop, so we can trade anytime, we customize with our spare time.
Unlike traditional markets, the forex market has no physical location in particular, almost the majority now is done through a network of electronic perdaganan. So the transaction process can happen quickly and in great abundance. With the development of internet technology (electronics) it will greatly facilitate for individuals new to trading forex online.
The Purpose Of Forex Trading
Market conditions and prices in forex market moves with very dynamic, can change rapidly, in response to the events be it economic, political, war, disaster, etc. Especially for countries with advanced economies and there is a little bit strong, sensitive information, then the price of its currency could move up and down.
This by traders was seen as a chance and opportunity to do trade. So simply put, forex trading goal is to gain profit from the rise and fall of currency exchange rates.
Forex Trading Opportunities
The Internet has made an awful lot of revolution in world trade, including a very strong influence in the world of forex trading. With the internet, and now forex can be done by anyone. If it used to only be done by big players only (banks, State, institutions), so now everyone can be trading with forex brokers popping up more and more retail and online. You and I can online forex trading easily and with little capital. Even to try the simulation is also very easy, that is, with trading with a demo account of the broker.
Forex Risk
Forex is like a double-edged sword. With forex can make us quickly became rich, but the opposite can also be mengikikis in an instant our capital runs out. No matter whether you consider a forex investment or as an ordinary trade forex, which obviously has a high risk factor. So to understand the true risk in forex and not to misstep.
Conclusion
The Forex market is the largest and most liquid market in the world.
Forex trading can be done anytime, 24 hours a day, Monday until Friday
Starting from the New Zealand market & Australia 05.00-14.00 wib,
Then to the Asian market namely Japan, Hong Kong, Singapore & 07.00-16.00 wib
Then to European markets namely Germany & United Kingdom 13.00-22.00 pm
To the American market until 20.00-05.00 (the next day).
With recent developments (Internet) then forex trading can be done online (anywhere) with the help of laptops or gadgets.
Fast Forex can make you rich or poor.
Because of this great risk, you have to be wise and correctly understand forex completely before you decide to plunge inside.
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