Forex trading

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The reason why forex trading is one of the most lucrative trading in the market is something that is very surprising. The amount traded in a day is said to be in the range of 3 trillion dollars which is an unfathomable figure. This goes on to show the range of trading forex which is a very special system of market trade. The shares of different companies are bought and sold in the stock market. One of the interesting features in this stock trading is the currency trading. In such a type of trade, people sell and buy currencies of different countries in lieu of the currency of one country. These currencies have a certain value which changes due to a lot of social and economic factors. The currencies are moreover, dealt in pairs. In this kind of trading, one currency is sold and the other bought in the same cost of the

Transcript of Forex trading

Page 1: Forex trading

The reason why forex trading is one of the most lucrative trading in the market is something that is very surprising. The amount traded in a day is said to be in the range of 3 trillion dollars which is an unfathomable figure. This goes on to show the range of trading forex which is a very special system of market trade.

The shares of different companies are bought and sold in the stock market. One of the interesting features in this stock trading is the currency trading. In such a type of trade, people sell and buy currencies of different countries in lieu of the currency of one country. These currencies have a certain value which changes due to a lot of social and economic factors.

The currencies are moreover, dealt in pairs. In this kind of trading, one currency is sold and the other bought in the same cost of the first currency. In case, there is an appreciation or depreciation, the values of one currency changes in respect to the other. This allows the profit or the loss as per the ratio in which the strike has been fixed.