Wednesday April 25, 2018 - 19:11:48 GMT
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Behold the Power of FOREX
Only 7% of the population trade stocks and funds on a regular basis. If you’re part of this group, you should feel rather elite. There is also a decent chance that you’re a part of a venture capitalist firm looking for the next excellent investment option. If that’s the case, you may want to look no further than FOREX. While there is quite a bit to digest at first, once you get the hang of things, you’ll find that diving into the FOREX market has the potential to steer you further into financial excellence.
What is FOREX?
FOREX is an abbreviation for the foreign exchange market, a market that is based on the process of exchanging one currency for another currency. The market can also be driven by the outright conversion from one currency to another. You may see the market dubbed “FX” on occasion. The market is the largest exchange in the world, trading on an average volume that surpasses $5 trillion. This is a figure that comparatively dwarfs the action seen on the stock market.
Who Trades on FOREX?
Banks, central banks, investment managers, and corporations are the typical players in the FOREX market. You may occasionally see an individual investor, but they are uncommon. While most are in the FOREX trading game to make money, some corporations will jump into the market to offset a future transaction or contract.
Why Trade on FOREX?
There is one major reason FOREX works so well for the venture capitalist, as exemplified by the success of investors such as Elliott Broidy; it's capable of earning profits regardless of market performance. Because the FOREX market is worldwide, it possesses much greater liquidity than a typical stock market. This liquidity allows greater chances to hit greater gains when the market is really good, and it gives a greater opportunity to mitigate losses when the market isn’t so great.
Additionally, because it’s a global market, FOREX is open around the clock. You don’t have to for a certain time to conduct your trading business, because there will always be a market open. You may have more homework to do since you’re diving into multiple markets, but this extra effort can yield rewards.
Of course, it should be noted that jumping into the FOREX market doesn't automatically bring success. Just like a regular stock exchange, there is no guarantee you'll make gains. However, for the savvy investment capitalist that's built a career on dealing with various risk/reward metrics, a well-thought-out dive into the FOREX market may be an exceptional decision.
Forex Trading News
Daily Forex Market News
Forex news reports can be found on the forex research
headlines page below. Here you will find real-time forex market news reports
provided by respected contributors of currency trading information. Daily forex
market news, weekly forex research and monthly forex news features can be found
Real-time forex market news reports and features providing
other currency trading information can be accessed by clicking on any of the
headlines below. At the top of the forex blog page you will find the latest
forex trading information. Scroll down the page if you are looking for less
recent currency trading information. Scroll to the bottom of fx blog headlines
and click on the link for past reports on forex. Currency world news reports
from previous years can be found on the left sidebar under "FX Archives."