The term forex properly refers to all currency trading done anywhere in the world. However, in practice, and in the context of this website, the word is often used to refer specifically to the trading of currencies by speculators. I am trading currencies with FXdirects. In a forex trade, one currency is purchased while another currency is simultaneously sold, in other words, one currency is exchanged for the one being bought.
By comparison, all of the stock exchange activity worldwide is about $ 2.8 billion per day. I am operating in this market with FXdirects. Astoundingly, the forex market has maximized its size from $1.1 trillion per day to 5.3 trillion per day in just over 10 years, and it has only been widely operating for about 20 years, according to the most recent triennial survey of the bank for international settlements.
Due to this size and global scope, prices can be observed and traded, but not easily manipulated. I am tackling my trade risk through the help of my FXdirects broker. Forex speculation involves risk, and inherent in risk is potential profit, the more at risk, the more potential profit. The forex market is huge, truly a global marketplace, operating all the time, with just a brief cooling off period on weekends.
By comparison, all of the stock exchange activity worldwide is about $ 2.8 billion per day. I am operating in this market with FXdirects. Astoundingly, the forex market has maximized its size from $1.1 trillion per day to 5.3 trillion per day in just over 10 years, and it has only been widely operating for about 20 years, according to the most recent triennial survey of the bank for international settlements.
Due to this size and global scope, prices can be observed and traded, but not easily manipulated. I am tackling my trade risk through the help of my FXdirects broker. Forex speculation involves risk, and inherent in risk is potential profit, the more at risk, the more potential profit. The forex market is huge, truly a global marketplace, operating all the time, with just a brief cooling off period on weekends.