FOREX trading market is the largest and most liquid in the world. Many consider FOREX as the best home business that can never be a risk in spite of the common people have had the opportunity to participate in trading foreign currencies for profit (in the same way banks and large corporations do) since 1998, has just become the cool, hip, new “thing” to talk about at parties, corporate events, and other social gatherings. Although it has been something of a secret weakly protected, investors every day more and more people are turning to all the electronic world of FOREX trading for income and profit because of its numerous benefits and advantages over commercial vehicles traditional, such as stocks, bonds and commodities. But still, whenever something seems new or is it just part of social conversation, news articles and gossip of cold water, and misconceptions to be overcome, the mind must be open and the slate has to be clear to the fresh start with the correct information. Thus, this article is my attempt to give some solid, but not too detailed, information on just what the heck “FX” (FOREX) means, what it is and why it exists.
As one successful trader, Forex is like picking up the money to the floor. Forex is not like going out there for someone else to collect. “Others in the industry have also said, Forex is like having an ATM on your own computer. Here is an explanation (which I feel you’ll appreciate) what is currency and how a group of traders, profit from it : The currency market, also referred to the “Forex” or “forex market” is the place (in cash) for the currency market.