The Basics of Forex Trading

The Basics of Forex Trading

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Author: Hope Etim
Length: 168 page(s)
Written: July 2018
Sales Rank: - XinXii Sales Rank
Views: 278

Category: Business & Politics » Stock Exchange  |  Work: Guidebook
Keywords: forex, forex trading, money

The Basics of Forex Trading will help you master forex trading

Forex (FX) is the market in which currencies are traded. The forex market is the largest, most liquid market in the world, with average traded values that can be trillions of dollars per day. It includes all of the currencies in the world. The forex is the largest market in the world in terms of the total cash value traded, and any person, firm or country may participate in this market.

For almost fifteen years, I have at various points played the role of a player, observer or director in the Foreign Exchange Business. I have watched paupers become multimillionaires through Forex Trading, and equally, many people have found themselves in abject poverty as a result of their uninformed engagement with Forex.

There is a very thin line between Forex and gambling – doing Forex Trading without knowing the basics makes one a gambler rather than a trader. The very high risk nature of Forex Trading necessitates the need to be well-informed on The Basics of Forex Trading before committing your money into it. And that is the purpose of this book – to show every beginner what he/she needs to know to succeed as a Forex Trader.

The Basics of Forex Trading is written to help both beginners and professionals succeed in the Forex Business. One thing you will later realize in Forex is this – your profit is controlled by your knowledge of the market. And you cannot understand, navigate and profit from the market unless you have mastered The Basics of Forex Trading.


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