Forex trading involves buying and selling currencies from "summary" of Profiting With Forex by John Jagerson,S. Wade Hansen
In the world of Forex trading, participants engage in the buying and selling of currencies. This activity is driven by the constant fluctuation of exchange rates between different currencies. Traders aim to profit from these fluctuations by buying a currency when its value is low and selling it when its value increases. This process allows traders to capitalize on the differences in exchange rates and make a profit. Forex trading is conducted through the foreign exchange market, which is decentralized and operates 24 hours a day, five days a week. This market is considered to be the largest financial market in the world, with an average daily trading volume exceeding $5 trillion. The market is made up of a network of banks, financial institutions, governments, and individual traders who buy and sell currencies. Traders in the Forex market ...
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